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The Budget for FY 2026-27 is a mix of cautious and reform- oriented measures for stock market investors. The government proposed tougher norms for trading in futures and options, along with new opportunities for foreign Indian investors.During her speech, Finance Minister Nirmala Sitharaman announced an increase in the Securities Transaction Tax (STT) on Futures and…
The government plans to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session beginning March 9, Finance Minister Nirmala Sitharaman said, adding that the parliamentary committee examining the proposed law has already submitted its report.The proposed changes are aimed at further improving timelines and effectiveness of insolvency…
1 Abroad shopping sprees are all set to leave your wallet a tad lighter, with effective customs duty on goods imported for personal use rising from 10% to 11%. Gifting an OMEGA Speedmas‑ ter Moonwatch CHRONO to your beloved for Val‑ entines, may now cost approximately Rs 8,000 more as compared to nearly Rs 8,04,384…
Govt on Sunday unveiled a series of announcements to boost inland waterways and increase the share of cargo transport by coastal shipping, aiming to reduce logistics costs, improve connectivity and support sustainable transport solutions. Finance minister Nirmala Sitharaman said govt will operationalise 20 inland waterways, including National Waterway-5 (Mahanadi), that will connect mineral-rich Talcher and…
No change in tax transfers, Finance Commission cautions on cash transfer surgeWhen the 16th Finance Commission began work, one concern for the southern states was a fall in their share of tax transfers from the Centre. Having invested in population control and human development over decades, they did not want to be penalised for outperforming…
After plunging nearly 20%, gold and silver ETFs managed to offset some of their losses on Monday. The Bombay Stock Exchange, imposed trading limits on ETFs of the two metals due to increased volitality. The imit came after a sharp sell-off from record highs, which sparked massive price swings across bullion markets and related exchange-traded…
Volatility in the near term could intensify after CME Group announced an increase in margin requirements for Comex gold and silver futures starting Monday. (AI image) Gold, silver price today: Gold and silver prices continued their steep decline on Monday, dropping sharply on Multi Commodity Exchange (MCX) futures trade. This is the third consecutive day…
India’s factory activity picked up marginally in January after slipping to a two-year low the previous month. The sector was helped by strong inflows of new orders, even as sentiment among manufacturers weakened sharply, a monthly survey showed on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 55.4 in January…
Inactive public sector enterprises (PSEs) should be considered for immediate closure to reduce fiscal strain on central and state governments, the 16th Finance Commission has recommended in its report while calling for deep reforms in the sector.The panel also said that land and buildings owned by inactive PSEs are valuable and could be deployed to…
Finance minister Nirmala Sitharaman unveiled the Union Budget 2026 on February 1, setting out a clear roadmap for individual taxpayers. While personal income tax rates and the broader structure of taxation stays untouched, the Budget introduced a range of reforms to further simplify the process for taxpayers. The measures focus on easing return-filing timelines, reducing…
