The Economic Times

Budget 2027: Finance Ministry sets October 12 for pre-Budget meetings, seeks spending and revenue plans

As the 2027-28 Union Budget approaches, central ministries are tasked with crafting practical fiscal estimates. The Finance Ministry emphasizes the importance of controlling expenditures and increasing revenue. Pre-Budget meetings, starting in October 2026, will focus on refining these estimates. Ministries are advised to prioritize funding for ongoing projects before introducing new schemes, while also working to boost non-tax revenue and evaluate current programs.