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File photo: Union finance minister Nirmala Sitharaman Union finance minister Nirmala Sitharaman on Sunday delivered her ninth consecutive Union Budget speech in the Lok Sabha, outlining the government’s fiscal roadmap, policy priorities, and key reforms for 2026‑27. Her address, lasting 1 hour and 25 minutes, covered a wide range of sectors including taxation, infrastructure, financial…
In a landmark move, Finance Minister Nirmala Sitharaman has revealed plans for a new Buddhist Circuit scheme for six Northeastern states in the Union Budget 2026–27. The budget was presented in Parliament on February 1, 2026 and this announcement marks a major policy shift to boost India’s religious tourism portfolio. This initiative will create a…
NEW DELHI: Congress MP Shashi Tharoor on Sunday launched a scathing attack on the Union Budget 2026–27, claiming the finance minister’s speech was “fairly short” and “lacking specifics”. He said the budget offered little reassurance to the middle and lower-middle classes, further accusing the government of missing Kerala from the budget address.Speaking to news agency…
Union Budget 2026 recognises the Indian IT sector as one of the key growth drivers for the country’s economy. Union Finance Minister Nirmala Sitharaman proposed a single category for companies offering IT services in the country. Highlighting India’s position as a global leader in software development services, IT-enabled services, Knowledge Process Outsourcing (KPOs) and contract…
NEW DELHI: The Union Budget 2026 has set aside Rs 7.85 lakh crore for defence, marking a sharp increase from Rs 6.81 lakh crore last year. According to official figures, the defence outlay for 2026-27 stands at Rs 7,84,678 crore, compared with Rs 6,81,210 crore in the previous financial year. Of this, the capital outlay…
Budget 2026: FM Sitharaman proposes seven high-speed rail corridors, freight links, new waterways push Union Budget 2026 is being presented today with all eyes on Nirmala Sitharaman as the government lays out its roadmap for economic growth. For India’s tourism and hospitality industry, the industry people are closely following how budget announcements will set an…
Studied abroad and back in India? Union Budget 2026 offers taxpayers including students asix-month window to declare undisclosed overseas income without penalties or prosecution. For many students coming back to India after an international degree, the mental checklist is familiar: job interviews, loan repayments, course equivalence, and the awkward joy of living with family again….
Union finance minister Nirmala Sitharaman on Sunday announced a tax holiday till 2047 for foreign companies providing cloud services globally using data centres located in India, signalling a major push to strengthen the country’s digital infrastructure.Presenting the Union Budget for FY 2026-27 Sitharaman said, “I propose to provide tax holiday till 2047 to any foreign…
NEW DELHI: Union finance minister Nirmala Sitharaman presented the Union Budget 2026-27 on Sunday amid rising global uncertainty regarding tariffs from the United States.The Budget proposals draw a clear line between items that may turn cheaper for consumers and sectors that could feel the pinch. On the relief side, the government has moved to lower…
File photo: Union finance minister Nirmala Sitharaman Union finance minister Nirmala Sitharaman on Sunday presented her ninth consecutive Union Budget speech in the Lok Sabha, clocking a duration of 1 hour and 25 minutes. The speech laid out the government’s fiscal roadmap for 2026‑27, covering spending plans, tax proposals, and policy priorities, marking one of…
