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The Union Budget should prioritise simpler and more predictable tax laws, alongside tax neutrality for cross-border and corporate reorganisations, to strengthen India’s appeal as a long-term destination for foreign direct investment (FDI), tax and economic experts said, reported PTI.They argued that rationalising the tax framework and lowering the cost of capital would complement ongoing reforms…
Representative image (AI-generated) As the Union Budget 2026 approaches, education experts have urged the government to shift focus from expanding enrolment to improving quality, infrastructure and future-ready skills. The experts added that it is crucial to harness India’s young population and fast-growing higher education sector.India has the world’s second-largest education system, with nearly 40 per…
The new versus old tax regime choice was meant to empower taxpayers. Instead, it has spawned a parallel paperwork universe. By Nishant KhemaniEvery Union Budget comes with its share of grand announcements, but for ordinary taxpayers, the real test lies in the fine print. As Budget 2026 approaches, expectations are modest yet meaningful: simplify compliance,…
Tata Motors has sought targeted incentives for entry-level electric vehicles and support for electric cars used in the fleet segment under the PM E-DRIVE scheme in the upcoming Union Budget.In an interaction with news agency PTI, Tata Motors Passenger Vehicles managing director and CEO Shailesh Chandra said that while recent government interventions have helped revive…
The IT industry body MAIT has urged the government to reduce basic customs duty on key electronic components and enhance tax incentives in the upcoming Union Budget to strengthen domestic manufacturing and improve global competitiveness.In its pre-Budget recommendations submitted to the finance and IT ministries, the Manufacturers’ Association for Information Technology (MAIT) proposed cutting basic…
The government is expected to prioritise medium-term debt consolidation while continuing a strong push for capital expenditure in the Union Budget for 2026-27, according to pre-Budget expectations outlined by rating agency ICRA.ICRA said the upcoming Budget assumes added significance as it will be the first to align with the recommendations of the 16th Finance Commission,…
As the Union Budget 2026-2027 draws closer, many market participants are urging the government to rethink capital market taxation and not increase the transaction levies. Ahead of finance minister Nirmala Sitharaman’s Budget presentation on February 1, investors and brokerage firms have pitched for measures, they believe would make long-term investing more attractive, particularly for retail…
‘Laalo – Krishna Sada Sahaayate’s run at the box office, was anything but ordinary. The film did not have a big producer, budget or even a big star backing it. Still, it defied all odds to claim the top spot. In an interview with SCREEN, director Ankit Sakhiya opened up about the film said, “When…
Representative image (AI-generated) As the Union Budget approaches, India’s cryptocurrency sector is seeking clear rules for digital assets. It is also seeking for a rationalisation of the 1% TDS on crypto transactions to boost investor confidence and encourage onshore participation.In the Union Budget 2025, the finance minister left the existing tax framework for VDAs unchanged,…
The government is likely to peg the fiscal deficit at 4.3 per cent of GDP in the next financial year beginning April 2026, while continuing with double-digit growth in capital expenditure, rating agency ICRA said in its pre-Budget expectations on Friday.ICRA said it expects a shortfall of about Rs 1.3 lakh crore in net tax…
