Union Finance Minister Nirmala Sitharaman on Sunday announced a series of tax-related proposals in the Union Budget 2026 aimed at improving ease of living, simplifying compliance, and providing relief to common taxpayers.
One passenger said he had high hopes for the Budget, praising last year's exercise in which income tax slabs were revised. He said the Budget holds added significance amid the changing global order, as India is emerging as a soft power and strengthening its international relations.
He emphasised the need for the central government to grant Rajasthan special state status, citing the state's unique geographical conditions that pose significant challenges to implementing development schemes.
While speaking to ANI, Raikindi stated that the government of India is likely to prioritise job creation, agricultural development, inclusive manufacturing, and digital transformation. These sectors are expected to drive sustainable growth and development across the country
Speaking to ANI, Krishnan said, "Market participants have expressed a view that they'd like to see some reduction in STT, which is seen as the major contributor to the cost of trading."
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
Local traders in Hyderabad on Sunday expressed their expectations from the upcoming Union Budget, citing mounting challenges due to rising taxes and increasing procurement costs that are impacting small businesses.
As the Union Budget 2026 is set to be presented on Sunday, February 1, startups across sectors have called on the government to announce stronger incentives, easier access to credit and simplified compliance norms to support early-stage ventures and ensure long-term growth.
The Minister said the Calendar is not merely an annual publication of dates and months, but a medium that reflects India's journey of transformation, highlights the priorities of governance, and renews the collective resolve towards the goal of a Viksit Bharat by 2047.
The Indian economy is poised to grow at 7.0 per cent in the current fiscal 2025-26, Crisil said as it raised projections by 50 basis points soon after the country registered robust growth in the first half.
Industry body PHD Chamber of Commerce and Industry (PHDCCI) presented a set of pre-budget suggestions for the micro, small and medium enterprises (MSME) sector to the Finance Minister Nirmala Sitharaman, seeking easier taxes, cheaper credit and simpler rules for small businesses.
India's tourism and hospitality industry is set for a strong upswing, driven primarily by rising disposable incomes within the country's expanding middle class, according to a report by B&K Securities.