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Commercial LPG gas cylinder prices were hiked on Sunday after oil marketing companies revised rates upward, increasing the cost of a 19-kg cylinder by Rs 49 with effect from February 1, Sunday. Following the revision, the retail price of a 19-kg commercial LPG cylinder in Delhi has increased to Rs 1,740.50. Prices of domestic LPG…
Income Tax Budget 2026 Live: Middle class and salaried taxpayers will closely follow Finance Minister Nirmala Sitharaman’s Union Budget speech, hoping for additional tax relief. In the previous Budget, the FM completely revamped the new income tax regime. While experts believe that Budget 2026 offers limited fiscal headroom for sweeping tax changes, there is still…
New York/New Delhi: Billionaire Gautam Adani and his nephew, Sagar Adani, have agreed to receive a legal notice from US Securities and Exchange Commission in a civil fraud lawsuit alleging they misled investors about a bribery scheme, according to a court filing. The stipulation is subject to court approval, reports PTI.In a filing in a…
Mumbai: A day before the Union Budget, State Bank of India chairman CS Setty has sought a level playing field for tax treatment of all financial products, including fixed deposits. The chairman’s comment came in the wake of bank deposits continuing to lag credit growth as retail savings continue to pour into mutual funds.Responding to…
Finance minister Nirmala Sitharaman will present her ninth consecutive Union Budget on February 1, a rare Sunday sitting and a first in independent India’s history. The Budget for FY27 (April 2026–March 2027) is expected to outline measures to sustain growth momentum, maintain fiscal discipline and push reforms to shield the economy from global trade frictions,…
The Union Budget comes with a vocabulary that can be confusing even for regular readers. Many terms are technical, and are used repeatedly across Budget documents, tables and debates. The “Budget at a Glance” table presents a consolidated snapshot of the Union Government’s finances for a financial year, showing actuals, Budget Estimates and Revised Estimates…
US President Donald Trump has claimed that his sweeping tariff policies have created an “American economic miracle”, dismissing warnings of global fallout and asserting that critics of his trade strategy “were all wrong”.In an opinion piece published in The Wall Street Journal, Trump said the tariffs he imposed on nearly all foreign countries last April…
What do salaried taxpayers, middle class, and the common man want from Union Budget 2026? (AI image) Budget 2026 income tax expectations: Like every year, salaried taxpayers, middle class and common man will listen to FM Nirmala Sitharaman’s Union Budget speech in the hope of more tax relief. Last year, FM Sitharaman announced major changes…
Finance Minister Nirmala Sitharaman is set to present her record ninth straight Union Budget, with markets closely tracking headline numbers ranging from the fiscal deficit and capital expenditure to borrowing and tax revenue projections, as India charts its course as the world’s fastest-growing major economy.The Budget will be presented in a paperless format, continuing the…
