Presenting the Budget, Finance Minister Nirmala Sitharaman announced a set of indirect tax measures in the Union Budget 2026-27, aimed at further simplifying the tariff structure, supporting domestic manufacturing, promoting export competitiveness, and correcting inversion in duty.
In a post on X, Ramesh noted several issues with the budget, including a lack of transparency, and stated that the budget couldn't live up to the hype. He noted that Finance Minister Nirmala Sitharaman did not clarify budget allocations for several major programs in her speech.
Union Finance Minister Nirmala Sitharaman on Sunday presented the Union Budget 2026-27 in Parliament, proposing a significant 9 per cent increase in capital expenditure to Rs 12.2 lakh crore. The allocation aims to sustain the momentum in infrastructure development and support economic gr
While presenting the Union Budget 2026-27, Union Finance Minister Nirmala Sitharaman proposed an outlay of Rs 20,000 crores over the next 5 years for Carbon Capture, Utilisation and Storage (CCUS) technologies to scale up and increase readiness in end-use applications.
Union Finance Minister Nirmala Sitharaman on Sunday announced a major push for India's Animation, Visual Effects, Gaming and Comics (AVGC) ecosystem, proposing the creation of AVGC Content Creator Labs across thousands of schools and colleges as part of the Union Budget 2026.
The domestic equity markets witnessed heavy selling pressure on Sunday as stocks fell sharply during Finance Minister Nirmala Sitharaman's Union Budget 2026 speech, with investors reacting strongly to a steep increase in Securities Transaction Tax (STT) on futures and options (F&O) tr
In response to the US tariffs on imports of Indian goods, Union Finance Minister Nirmala Sitharaman on Sunday proposed reducing the tariff rate on all dutiable goods imported for personal use from 20 per cent to 10 per cent.
In an effort to discourage futures and options (F&O) trading, Finance Minister Nirmala Sitharaman has proposed to raise Securities Transaction Tax (STT) on such derivatives trade.
Presenting the Union Budget 2026-27 in Parliament, Union Finance Minister Nirmala Sitharaman announced the government's plan to establish NIMHANS 2.0, a premier mental health institute in North India, to address gaps in mental health infrastructure. She also announced the duty exemption o
While presenting the Union Budget 2026, the Finance Minister stated that the government will also develop a strong care system covering geriatrics and allied care services. To achieve this, a range of National Skills Qualifications Framework (NSQF)-aligned programmes will be developed to
While presenting the Budget in Parliament, the Finance Minister said, "To promote India as a medical tourism hub, I propose a scheme to support states to set up 5 regional hubs in the country."