Shah expressed his views soon after Finance Minister Nirmala Sitharaman presented her ninth Budget in the Parliament. While no changes were announced to the tax slabs, Sitharaman announced the implementation of the New Tax Act from April 1, 2026. This was the first time in the history of
In her initial remarks, Sitharaman said that since her government assumed office, India's economic trajectory was marked by fiscal discipline and sustained growth.
Presenting the Union Budget, Finance Minister Nirmala Sitharaman has pegged fiscal deficit at 4.3 per cent of the GDP for the year 2026-27, as against 4.4 per cent being targeted in 2025-26.
The Finance Minister of India, Niramala Sitharaman, has proposed to introduce a dedicated 10,000 crores SME growth fund to create future jobs, incentivising enterprises based on select criteria. She stated that the government recognises MSMEs as a vital engine of growth, and proposes a th
Finance Minister Nirmala Sitharaman has proposed to push India's biopharma sector under a Bio Pharma Shakti programme with an allocation of Rs 10000 crore for the next 5 years.
He also emphasised the importance of prioritising India's interests despite global uncertainties, citing the government's efforts to develop alternate markets and pursue Free Trade Agreements (FTAs)
"As we approach the budget announcement, those of us in the healthcare profession have specific expectations. To begin with, I am looking for a significant increase in healthcare spending as a percentage of our GDP. While it stood at 1.9% last year, the National Health Policy has set a ta
President Droupadi Murmu on Sunday offered 'dahi-cheeni' (curd and sugar) to Union Finance Minister Nirmala Sitharaman as it is considered auspicious ahead of the presentation of her ninth Union Budget.
Sitharaman is set to present her ninth consecutive Union Budget, which will see her equal former Finance Minister P. Chidambaram's record and surpass that of Pranab Mukherjee. Former Prime Minister Morarji Desai continues to hold the record for presenting the most Union Budgets in indepen
Sitharaman is set to present her ninth consecutive Union Budget, which will see her equal former Finance Minister P. Chidambaram's record and surpass that of Pranab Mukherjee. Former Prime Minister Morarji Desai continues to hold the record for presenting the most Union Budgets in indepen