New Delhi: As the Republic Day parade concluded on Kartavya Path today, a different kind of drill intensified just a few kilometers away at the North Block. The traditional ‘Halwa Ceremony’—held on January 24—has officially marked the beginning of the “Lock-In” period for Budget 2026-27.

Finance Minister Nirmala Sitharaman, set to present her record-extending 9th consecutive budget on February 1, participated in the ceremony, effectively sealing over 100 officials inside the Ministry of Finance until the Budget speech concludes.

The “Blue Sheet” Mystery: 8th Pay Commission

While the lockdown is a security protocol to prevent leaks, the buzz in the corridors of power this year is singularly focused on one file: The 8th Central Pay Commission (CPC).

Sources close to the development reveal that the Expenditure Department has prepared a draft note regarding the “Terms of Reference” for the Commission. Unlike previous years, where speculation was rife, the mathematical necessity of the 10-year cycle (ending Dec 2025) forces the government’s hand this time.

“The allocation for the ‘Pay Commission Secretariat’ is the smoking gun we are looking for. If the Budget Estimates (BE) for 2026-27 show a spike in the ‘Allowances’ head under the Ministry of Finance, consider the 8th CPC confirmed.”
– Senior Treasury Official (On condition of anonymity)

What Happens Inside the “Lock-In”?

For the next six days, the officials locked in the basement of the North Block will have zero contact with the outside world.

  • 🚫 No Phones: Mobile phones are confiscated. Only secured landlines (monitored) are available.
  • 🛌 Dormitory Life: Officials sleep in makeshift dorms within the ministry complex.
  • 🍽️ Food Testing: All meals are prepared inside and tested by intelligence officers to prevent poisoning or sabotage.

The “Standard Deduction” Gamble

Beyond the Pay Commission, the “Lock-In” team is reportedly finalizing the fine print on Income Tax changes. With inflation hitting the middle class, the proposal to hike the Standard Deduction to ₹1 Lakh is believed to be in the “Final Print” stage.

A senior tax consultant notes, “The government needs to make the New Tax Regime (NTR) the default choice for 90% of taxpayers. Raising the rebate limit to ₹8 Lakh and Standard Deduction to ₹1 Lakh is the only way to achieve that shift this year.”

📊 Key Dates to Watch

  • Jan 31, 2026: Economic Survey Presentation (Chief Economic Advisor).
  • Feb 01, 2026 (11:00 AM): Union Budget Speech.
  • Feb 01, 2026 (01:00 PM): Fine print released (The moment we check for 8th CPC allocations).

Conclusion: The Wait Ends Soon

As the “Halwa” sweetens the mouths of the officials, the bitter truth or sweet surprise for 48 lakh central government employees remains locked in a server in North Block. Come February 1, the secrecy will unveil the roadmap for India’s “Amrit Kaal”—and perhaps, the salary roadmap for its workforce.


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