India's net direct tax collections for the financial year 2025-26 have recorded a strong growth of 8.82 per cent, reaching Rs 18.38 lakh crore as of January 11, 2026, compared with Rs 16.89 lakh crore collected during the same period last year, according to official data released by the Inco
The Union Budget 2026 is likely to set 8.5-9% growth for next year and increase capital expenditure to Rs 12-12.2 lakh crores, said Sonal Badhan, Economist at Bank of Baroda.
In a post on X following the announcement of the parliamentary schedule, Ramesh noted that the Union Budget for the 2026-27 fiscal year will be presented in approximately 20 days. He said the budget will inevitably reflect the recommendations of the 16th Finance Commission, which submitte
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.
Rajasthan Chief Minister Bhajanlal Sharma on Sunday held a pre-budget interaction with female students interested in the social sector at his residence.
Karnataka government has called on the Union Government, in the forthcoming Union Budget 2026-27, to ensure revenue protection for States post-GST rationalisation, share excise duty and cess on pan masala and tobacco products, release pending Central dues under flagship schemes such as th
To sustain capital expenditure and address developmental priorities amid global economic uncertainties, the industry chamber CII in its proposals for the Union Budget 2026-27, has urged the Government to mobilise resources through a calibrated approach to privatisation, focusing on sector
Along with Union Minister for State for Finance Pankaj Chaudhary, the meeting was also attended by Governor of Manipur; Chief Ministers of Delhi, Goa, Haryana, Jammu and Kashmir, Meghalaya, and Sikkim; Deputy Chief Ministers of Arunachal Pradesh, Madhya Pradesh, Odisha, Rajasthan and Telanga
Dev said India has made steady progress on fiscal consolidation since the pandemic with the fiscal deficit reducing from about 9% during the COVID period to around 4.8% this year
The union budget 2026 should continue with growth-focused policies, greater tax certainty and targeted sector-led investments, amid an uncertain global economic environment, calls EY India.
The budget session is the first session of Parliament in a calendar year and begins with an address by the President to the joint sitting of the two Houses of Parliament.
The combined total project cost for these initiatives is estimated to be over Rs 17 lakh crore. By consolidating these projects into a single pipeline, the government aims to provide a clear roadmap for infrastructure investment in the medium term, the release said.