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Employability In Focus, More Pulp For Orange Eco Signalling a shift in employment strategy, the Budget, instead of announcing how many jobs will be created, focuses on building conditions for sustainable work, with skilling, services and sector-led ecosystems emerging as core pillars. A high-powered education-employment-enterprise standing committee will map skill gaps, identify high-employment service sub-sectors…
With Trump tariffs looming large, many expected that the Budget would seek to address American complaints about Indian trade levies. But the FM has not made any explicit moves, only taken minor steps to aid American exporters.Almonds and walnuts are among items on which import duties have been lowered, with the US being among the…
GUWAHATI: Union finance minister Nirmala Sitharaman unveiled in Union Budget a Rs 500-crore special development package for projects proposed by United Liberation Front of Assam (Ulfa) — the first tranche of a Rs 5,000-crore fund to be disbursed over five years under a 2023 peace accord between Centre, Assam govt and the militant outfit. Ulfa…
Of 30 Index Stocks, 26 Close In Red At a time when global markets are witnessing high volatility due to geopolitical uncertainties, the hike in securities transaction tax (STT) on derivatives trades hit investor sentiment on Dalal Street on the Budget day. This in turn led to a sharp sell-off that pulled the sensex down…
Your cup of vending machine coffee at cafes, office pantries and commercial beverage counters could soon get more expensive, with the Budget withdrawing existing concessions on imported coffee roasting, brewing and vending machines.Equipment importers said the duty change follows currency-related pressures. “Basic customs duty on these machines is 10%, and with the exemption it was…
Removal Of Basic Customs Duty Of 5-11% To Lower Prices Of 17 Expensive Treatments Prices of 17 expensive cancer medicines, including Ribociclib and Venetoclax, and of seven rare disease drugs, like primary hyperoxaluria and cystinosis, are expected to dip after removal of basic customs duty in the Budget. This would lead to lowering of landed…
Amnesty on hidden foreign assets in Budget 2026 In a bid to resolve long-pending cases of inadvertent overseas asset non-disclosures and to encourage voluntary compliance, the Budget has proposed a fresh amnesty window for small taxpayers, alongside a relaxation of prosecution norms under the Black Money law.Under the proposed Foreign Assets of Small Taxpayers –…
The Budget proposes updraging Himalayan Chandra Telescope (HCT) in Hanle, Ladakh, to extend its capabilities PUNE/BENGALURU: Pune/Bengaluru: India’s expanding contributions to astronomy research appear to have prompted a significant policy and funding push from the Centre, with Finance minister Nirmala Sitharaman announcing support for four major projects in Sunday’s budget.The initiatives — the National Large…
Budget 2026 income tax (AI image) Having already delivered tax cuts last year, FM opted to make life easier for taxpayers. She has promised to introduce simpler tax return forms and staggered timelines for their filing, while decriminalising several provisions. For those with kids studying abroad, or travelling overseas for medical reasons, TCS will be…
Finance minister Nirmala Sitharaman(left) with MoS for Finance Pankaj Chaudhary. (PTI) NEW DELHI: Finance minister Nirmala Sitharaman not only chose to retain the Centre’s focus on capital expenditure, but also announced that at 4.4% of GDP it had hit the highest level in at least a decade. In her ninth consecutive budget speech, she proposed…
