New Delhi, May 21 -- Former Finance Secretary and former Secretary, Department of Economic Affairs, Subhash Chandra Garg, is coming out next week with his latest book, Subhash Chandra Garg's Explanation and Commentary on Union Budget 2026-27, a comprehensive analytical study of India's latest Union Budget and its implications for taxation, public expenditure, fiscal deficit management, borrowing, welfare spending and economic growth.

At a time when Indian households are navigating elevated living costs and volatile fuel prices, and Indian businesses are facing tighter financial conditions and uncertain global markets, the book explains how budgetary decisions influence the lives and well-being of individuals, households and businesses. I...