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Union finance minister Nirmala Sitharaman is set to present Budget 2026 on January 1. Interestingly, after many years the Budget would be presented on a Sunday. This would be her ninth consecutive budgetary presentation, one short of matching the record of most presentations at 10 by former PM Morarji Desai. The Union Budget presented by…
India, one of the world’s top five economies, is set to present its Union Budget in Parliament on February 1 under the PM Modi–led government for the 15th time, with finance minister Nirmala Sitharaman presenting it as mandated under Constitution’s Article 112.However, February 1 was not always the date for presenting the Union Budget. For…
Union minister Ashwini Vaishnaw on Wednesday clarified that while India remains engaged with major global powers, the World Economic Forum (WEF) at Davos is largely a platform for the exchange of ideas rather than a venue for formal group-to-group trade negotiations.Responding to a query on whether India would hold meetings with the US delegation at…
NEW DELHI: The Budget is not just an economic document or an annual statement of accounts of the central government – it’s the road map that sets the tone and direction of economic reforms and growth. It also signals policy direction to citizens, businesses and investors, shaping confidence and long-term economic outcomes. Over the last…
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…
Current provisions permit filing of modified returns following a business reorganisation only where the original return has already been filed before the reorganisation order. By Shaily Gupta and Aanchal Jain As the Union Budget 2026 approaches, expectations are running high across corporate India. This year’s budget assumes added significance as it precedes the implementation of…
NEW DELHI: Exit polls have projected a massive victory for Mahayuti in the Brihanmumbai Municipal Corporation (BMC) polls, with the BJP–Shiv Sena alliance set to cross the 130-seat mark in Asia’s richest civic body. In contrast, the Shiv Sena (UBT)–MNS alliance is expected to lag far behind, with projections placing it at just over 60…
NEW DELHI: Union minister for finance and corporate affairs Nirmala Sitharaman on Saturday chaired the meeting on Pre-Budget Consultation with States and Union Territories (with Legislature) for the forthcoming Union Budget 2026-27 in New Delhi.Along with Union Minister for State for Finance Pankaj Chaudhary, the meeting was also attended by Governor of Manipur; Chief Ministers…
EY India has recommended to extend the existing Production-Linked Incentive (PLI) scheme to new technology sectors such as AI, space, and robotics, while urging the FY27 Budget to focus on sustaining growth and ensuring tax certainty through a dedicated Customs dispute resolution mechanism. The firm said a forward-looking policy approach would be key to strengthening…
For a “Viksit Bharat” to endure, national success must be measured by the financial resilience of Indian families. (AI image) By Sumit Madan The Union Budget 2026 arrives at a defining juncture of India’s ascent, where progress must be measured not merely by the velocity of our growth, but by the resilience of the nation’s…
