She also said the government has proposed a joint panel of Corporate Affairs Ministry and CBDT for incorporation of income computation and disclosure standards
The 15th Finance Commission recommended a share of states in the central taxes to be 41 per cent, and the 16th Finance Commission has retained the vertical share of devolution
All the PSU Bank index constituents were trading lower, with Bank of India, Bank Maharashtra, Indian Bank, Bank of Baroda, and Union Bank of India falling in the range of 3 to 7 per cent
The government will now focus on Tier-II and Tier-III cities, and even temple-towns, which need modern infrastructure and basic amenities, said FM Sitharaman
Union Budget 2026 stays focused on fiscal prudence, targets a 4.3% deficit, sustains ₹12.2 trillion capex, and backs rare earths, freight corridors, waterways and data centres, writes Madan Sabnavis
Union Budget 2026: The Centre plans a high-powered panel to assess how AI is changing services, employment and skills, while aiming to raise India's global share in services to 10% by 2047
The Union Budget 2026 keeps long-term capital gains tax rates unchanged, while buyback proceeds will be taxed as capital gains; securities transaction tax on commodities futures has been increased
Union Budget 2026 removes basic customs duty on sodium antimonate, a specialised chemical used in photovoltaic glass, offering cost relief and competitiveness gains for solar glass manufactures
For the first time, the Union Budget provides a dedicated allocation for chemical parks, with ₹600 crore earmarked in the Budget Estimates for 2026-27
Union Budget 2026: The Centre will launch a ₹20,000 crore scheme over five years to promote carbon capture technologies across power, steel, cement, refineries and chemical sectors
Experts say the proposal could expand investable real estate supply, deepen markets and provide liquidity
The Khelo India programme was launched in 2017 with objective to hold national level competitions across age groups for talent identification
The move will help provide cushion to leather exporters who are reeling under the steep 50 per cent US tariffs
Electronics Component Manufacturing Scheme has attracted investment commitments far exceeding its target
Finance Minister Nirmala Sitharaman announced measures in the Union Budget 2026-27 to boost medical tourism, including support for five regional hubs in partnership with states and the private sector
Union Budget 2026: Presenting the Union Budget, FM Nirmala Sitharaman outlined three kartavyas to boost economic growth, and ensure inclusive access to opportunities
Union Budget 2026 also announced a high-level standing committee to strengthen links between education, employment and enterprise, with a focus on services-led growth and future skill needs
FM Sitharaman also announced restructuring of REC Ltd and Power Finance Corporation as part of the government's public sector financial institution strengthening
Union Budget 2026-27: FM Nirmala Sitharaman announced several new manufacturing schemes in the Budget 2026 to boost domestic production
FM Nirmala Sitharaman's Union Budget 2026 has proposed supporting Odisha, Kerala, Andhra and Tamil Nadu for dedicated rare-earth corridors for mining, research, and production of rare-earth magnets