India’s lower house of Parliament has approved the Finance Bill 2026, incorporating 32 government-backed amendments and marking a critical milestone in the Union Budget process for FY2026–27. The legislation outlines taxation measures, fiscal policies, and revenue proposals essential for implementing the government’s financial roadmap. With the passage in the Lok Sabha, the focus now shifts to the Rajya Sabha for final approval. Once cleared by the upper house, the budgetary cycle will be formally concluded.