Parliamentary Affairs Minister Kiren Rijiju on Tuesday said that the central government remains open to suggestions from all political parties ahead of the Budget Session of Parliament.
The central government in the upcoming budget 2026 should announce reforms across taxation, insurance and pension sectors to boost household financial savings, reduce compliance challenges and improve social security coverage in the country, highlighted a report by State Bank of India (SB
Ahead of the Union Budget, Congress MP Pramod Tiwari on Tuesday criticised the Centre, highlighting the serious challenges faced by the country and accused the government of having "completely eliminated constitutionally guaranteed" rights and "weakened constitutional institutions."
Defence Minister Rajnath Singh will chair an all-party meeting on Tuesday ahead of the Budget session, which begins on January 28 and runs until April 2.
"Tomorrow, the President of India will address the Lok Sabha and Rajya Sabha. On February 1, the Finance Minister will present the General Budget. Today, the government has convened an all-party meeting at 11 am. As Opposition parties, we are raising our voices as there are several pro-pe
Capital expenditure by the central government is expected to cross Rs 12 lakh crore in (Financial Year) FY27, registering a year-on-year growth of around 10 per cent, according to a report by the State Bank of India (SBI).
A meeting of the strategy group of Congress Parliamentary Party (CPP) will be held on Tuesday at the residence of CPP chairperson Sonia Gandhi to discuss the strategy for the upcoming budget session.
"The previous governments spread fear that the BJP would stop free electricity and water, but these slum dwellers can now live peacefully. We are committed to providing them a good and quality life," Gupta told reporters.
Speaking to the reporters, Singhania said, "As far as the budget is concerned, the EU trade deal is expected to happen tomorrow. I think that will be a significant step to bring America to the negotiating table if India gets a very good deal with the EU."
The central government's tax collections have remained weak so far in the ongoing financial year 2025-26 (FY26), with growth significantly lower than budgeted estimates, but the situation is expected to improve in the next financial year, FY27, according to a report by CareEdge Ratings.
Indian stock markets are closed on Monday on account of Republic Day celebrations, with trading remaining shut across both major stock exchanges, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).