In choosing prudence over populism and strategic self-reliance over protectionism, the FM has presented a Budget worthy of India's aspirations
Budget FY27 bets on fiscal discipline, public investment and technology-led reforms to sustain growth and build long-term economic resilience
The Union Budget proposes restructuring of state-owned NBFCs PFC and REC to improve scale and efficiency, but the government has stopped short of indicating whether the two lenders will be merged
The Union Budget proposes a one-time measure allowing eligible SEZ manufacturing units to sell a portion of their output in the domestic market at concessional duty to offset US tariff shocks
The second increase in STT since 2024, effective April 1, seeks to curb excessive speculation in derivatives markets and boost tax collections hit by lower trading volumes this fiscal
The Budget for agriculture and allied activities was projected to grow by 7.1 per cent in the Budget Estimates of FY27 as against the Revised Estimates of FY26
Budget 2026 announces rare-earth corridors and waives customs duty on mineral processing equipment, aiming to cut import dependence and secure supply chains vital for EVs, renewable energy
Finance Minister Nirmala Sitharaman pitches tier-II and tier-III cities as engines of growth, rolling out reform-linked funding for city economic regions to drive balanced urban development
FM said the govt will revise baggage clearance rules and enhance duty-free allowances to reflect modern travel patterns and address passenger concerns over valuation and temporary carriage of goods
Budget 2026-27 Highlights: Finance Minister Nirmala Sitharaman presented her ninth straight Union Budget in the Lok Sabha on Sunday. Catch updates here
Nirmala Sitharaman rebuts Rahul Gandhi's criticism, says India's economic fundamentals are strong and the Budget supports farmers, MSMEs and women
Union Budget 2026 drew mixed reactions from industry leaders, who welcomed the growth and capex push while stressing the need for execution clarity, long-term policy support and reform follow-through
Key sectors such as defence and railways saw large FY27 allocations in the Budget documents, even though they found little or no mention in Sitharaman's Budget 2026 speech
Chidambaram, who has served as the finance minister four times, said the Budget failed "the test of economic strategy and economic statesmanship"
In India, unlike China, Apple was concerned that if it paid for machines for its contract manufacturers, Indian law could consider that a so-called "business connection" and impose taxes
Prime Minister Narendra Modi said the Union Budget, aligned with India's recent trade deals, provides unprecedented support to MSMEs, sunrise sectors and infrastructure, laying the foundation for jobs
Budget's priority seems to be to reinforce India's long term growth narrative while maintain a tight balancing act as far as fiscal discipline is concerned.
Budget 2026: The Budget lays out new schemes and higher spending on infrastructure, technology, healthcare and jobs, while offering support for industry and students
The central government raises its money from a mix of taxes, borrowings, and other receipts, while it is spent on states, interest payments and pensions
The exemptions are aimed at simplifying tax rates, supporting domestic manufacturing, boosting exports, and removing old duty exemptions that are no longer needed