March 24, 2026

budget

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Budget expectations 2026: Recycling industry seeks open scrap trade; flags tariff risks to circular economy

contact@dailyupdatesindia.com03 mins

As global tariff uncertainty reshapes trade flows, leaders from the recycling industry have urged policymakers to prioritise open markets and ease cross-border movement of scrap and reusable materials in the Union Budget 2026, arguing that unrestricted trade is critical to building a resilient circular economy.Speaking at the International Material Recycling Conference (IMRC) 2026 here, industry…

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Budget 2026 income tax: Will GST-style fewer tax slabs be brought under new income tax regime?

contact@dailyupdatesindia.com08 mins

Tax experts believe that while the new income tax regime reduces the tax outgo for many taxpayers, the multiple slabs add to confusion. (AI image) Budget 2026 income tax expectations: Taxpayers in India are looking at Finance Minister Nirmala Sitharaman’s speech for announcements related to simplification of income tax slabs, returns, compliance and more. India…

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Budget 2026 real estate expectations: Affordability, tax rationalisation & more; here’s what the sector wants

contact@dailyupdatesindia.com04 mins

Budget 2026 is drawing closer and the real estate sector is seeking policy continuity, targeted fiscal measures and long-pending reforms to keep the sector on track.Acording to industry leaders, the updoming Budget can help strengthen confidence across residential, commercial and mixed-use projects by addressing housing affordability, infrastructure-led urban growth, access to capital and faster regulatory…

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Budget 2026 MSMEs & startups wishlist: Industry bodies seek liquidity relief; call for easier compliance

contact@dailyupdatesindia.com02 mins

As the Union Budget 2026 approaches, industry bodies have flagged key expectations focused on easing pressure on micro, small and medium enterprises (MSMEs) and strengthening the startup ecosystem amid funding constraints and regulatory challenges. With employment generation and entrepreneurship high on the policy agenda, stakeholders are looking for targeted measures that address cash-flow stress, compliance…

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Budget 2026 expectations: Why the next phase of financial growth is affordable, smarter credit

contact@dailyupdatesindia.com03 mins

Budget 2026: The next phase is not about simply pushing more credit into the system. By Manish ShahIndia’s financial system has crossed an important threshold. Access to credit is no longer the binding constraint it once was. Today, households and enterprises that want credit can largely obtain it. The more relevant question now is whether…

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Ahead of Budget 2026: Centre completes key direct tax changes; aims to boost investment certainty and ease compliance

contact@dailyupdatesindia.com02 mins

The Centre has completed the implementation of several major direct tax reforms announced in recent Union Budgets, with an aim to boost investment certainty and reduce the compliance burden for taxpayers. As the presentation of the Union Budget 2026-27 approaches, the ministry of finance shared details of the legislative changes through a post on X.A…

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Budget 2026: Industry seeks GST-style simplification in customs duty; urges speeding up and simplification of clearences

contact@dailyupdatesindia.com03 mins

Budget 2026: As the Union Budget for the financial year 2026-2027 draws closer, Indian companies are expecting a GST like transformation in the customs duty framework to promote trade facilitation and simplify dispute resolution. Key demands include a rationalisation of customs duty rates, a reduction in the number of duty slabs, and the introduction of…

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Budget 2026: Why standard deduction should be hiked under the new income tax regime – explained

contact@dailyupdatesindia.com07 mins

The standard deduction limit varies depending on the tax regime that salaried taxpayers opt for. (AI image) Budget 2026 income tax expectations: Standard deduction is seen as a much needed relief for taxpayers – it’s a simple, straightforward deduction from your gross income – a fixed amount that allows salaried taxpayers and pensioners to reduce…

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Budget 2026 for real estate: Luxury housing soars, affordable homes lag; industry pushes for tax relief, rental income support

contact@dailyupdatesindia.com03 mins

As the Union Budget 2026 approaches, leaders in the real estate sector are urging the government to take urgent steps to revive affordable housing and strengthen rental housing, cautioning that growth in the sector is increasingly uneven and skewed toward luxury developments.Anuj Puri, chairman of ANAROCK Group, said India’s housing story remains strong on the…

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Budget 2026 income tax: What middle class, salaried taxpayers & common man want from FM Sitharaman – top wishlist

contact@dailyupdatesindia.com05 mins

While some of these expectations are in sync with the government’s stated intent of simplifying and streamlining the taxation regime in India, others depict a wishlist. By Richa SawhneyThe Union Budget is just round the corner, and it is that time of the year when Indian taxpayers look at the hon’ble Finance Minister with a…

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