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NEW DELHI: Union finance minister Nirmala Sitharaman announced the plans to set up a new unit for the National Institute for Mental Health and Neuro Sciences in North India. Acknowledging the lack of mental health institutions in the region, she also announced the national mental health institutes in Jharkhand’s Ranchi and Assam’s Tezpur shall also…
Finance minister Nirmala Sitharaman NEW DELHI: Union finance minister Nirmala Sitharaman on Sunday delivered a 1 hour 25 minute presentation of the Union Budget 2026-27, marking her record ninth consecutive budget. She made several major announcements covering income tax, defence, railways, MSMEs, healthcare, and more.The budget was hailed as “historic” by Prime Minister Narendra Modi,…
Budget 2026-27 emphasised infrastructure growth, manufacturing boosts, fiscal prudence, and tax simplifications. Union Budget 2026-27, presented by finance minister Nirmala Sitharaman on Sunday, emphasised infrastructure growth, manufacturing boosts, fiscal prudence, and tax simplifications amid strong economic momentum. Key priorities include elevating capital expenditure while targeting a fiscal deficit reduction. Union Budget 2026: Odisha, Kerala, Andhra,…
The Union Budget 2026-27 proposed a series of measures impacting Non-Resident Indians (NRIs) and other overseas individuals, easing compliance in property transactions and widening access to Indian equity markets.Finance minister Nirmala Sitharaman presented her ninth consecutive Union Budget on Sunday, becoming the first finance minister in India to achieve this milestone, and also the first…
NEW DELHI: Prime Minister Narendra Modi on Sunday hailed the Union Budget 2026 as “historic”, saying it charts a clear roadmap towards achieving the goal of a Viksit Bharat by 2047 and gives fresh momentum to India’s reform journey. He also highlighted the recently signed “mother of all deals” between India and EU in his…
Budgets are usually judged the way exam papers are: marks for effort, grace marks for intent and a generous curve for political difficulty. But this year’s Budget deserves to be read differently; not as an annual fiscal statement but as the first operational document of a longer constitutional cycle that began with the 16th Finance…
In the Union Budget 2026, the Section 87A tax rebate, given in Income Tax,remain unchanged, disappointing taxpayers who had hoped for an increase to boost consumption and ease the burden on middle-income individuals. Thus, like for FY 2025-26, under the new tax regime, resident individuals with net taxable income up to Rs 12 lakh can…
NEW DELHI: Finance minister Nirmala Sitharaman on Sunday presented the Union Budget for the financial year 2026-27 in the Lok Sabha during the ongoing Budget session of the Parliament, triggering a strong reaction from the opposition.While presenting her ninth consecutive Budget, the finance minister announced that the capital expenditure target will be increased to Rs…
The govt has planned SHE Marts after the success of Lakhpati Didi scheme. NEW DELHI: Union finance minister Nirmala Sitharaman, while presenting the Budget in Parliament on Sunday, announced a series of measures aimed at boosting women entrepreneurship, building on the success of Lakhpati Didi scheme.She said Self-Help Entrepreneurs (SHE) will be established as community-owned…
As the Centre prepares to roll out the Viksit Bharat–Guarantee for Rozgar Aajeevika Mission (Grameen) (VB-G RAM G), it has allocated Rs 95,692.31 crore for the new scheme, while earmarking Rs 30,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA).Allocation for MGNREGA is shown at Rs 30,000 crore for 2026-27, lower than…
