Tamil Nadu Budget 2026 LIVE updates: State Finance Minister N. Marie Wilson to present TVK government's maiden Budget

N. Marie Wilson. File. | Photo Credit: B. Jothi Ramalingam Amid heightened expectations, the maiden Budget of the Tamilaga Vettri Kazhagam (TVK)-led coalition government in Tamil Nadu headed by Chief Minister C. Joseph Vijay will be presented in the Legislative Assembly on Wednesday (August 5, 2026). Finance Minister N. Marie Wilson will present the State Budget for 2026-27 at 10 a.m. in the Assembly.Also read: Tamil Nadu budget: Ahead of TVK’s maiden budget, a primer on Tamil Nadu’s finances The TVK-led government had released a White Paper on the State’s finances flagging several shortcomings and irregularities in financial management under the previous regime. The White Paper said Tamil Nadu’s actual outstanding debt stood at ₹13.18 lakh crore, including the combined debt of public sector undertakings. It also flagged a “revenue collapse” and highlighted the declining share of the State’s Own Tax Revenue (SOTR) compared with that of several other States.Meanwhile, , leaders of political parties in Tamil Nadu on Tuesday (August 4, 2026) condemned as “political vendetta”, the arrest of former Deputy Chief Minister Udhayanidhi Stalin in connection with a case pertaining to his alleged remark insulting the modesty of a woman. “The Assembly session, during which the State Budget is to be presented, begins on August 5. The government did not want the Leader of the Opposition, who enjoys a Cabinet rank, to be present in the House,” DMK president M.K. Stalin alleged.Follow live updates here:August 05, 2026 07:20 Tamil Nadu budget: Ahead of TVK’s maiden budget, a primer on Tamil Nadu’s finances As the new Tamil Nadu government led by Chief Minister C. Joseph Vijay gears up to present its first budget on Wednesday, here is a look back at the State’s finances, with charts explaining the changes over the years, how Tamil Nadu fares compared with its peers and the challenges ahead.Click below to read more on this:Tamil Nadu budget: Ahead of TVK’s maiden budget, a primer on Tamil Nadu’s financesExplore Tamil Nadu's financial landscape and challenges ahead of TVK's inaugural budget presentation by Chief Minister C. Joseph Vijay. Published - August 05, 2026 07:07 am IST