Budget 2026 News

Budget 2026: Food subsidy seen rising 12% in FY26 on higher procurement

Officials said the higher provisioning also means that the Food Corporation of India might not have to rely on borrowing or any other means in FY27 to fund its shortfall

Budget 2026-27 reactions LIVE: Industry leaders highlight long-term growth, reform momentum

Budget 2026 reactions LIVE: After Finance Minister Nirmala Sitharaman presented her ninth straight Union Budget in the Lok Sabha, industry leaders share their views. Catch live updates here

Budget 2026: Indian Railways to see record capex of ₹2.92 trillion in FY27

Union Budget for 2026-27 lines up new high-speed rails, freight corridor

Budget 2026 softens penalty, prosecution norms for individual taxpayers

Budget 2026 signals a shift towards trust-based taxation by easing penalties, limiting prosecution for small and technical lapses

Opposition slams Budget 2026 for weak economic strategy, neglect of states

Opposition parties, including ruling dispensations in poll-bound West Bengal, Kerala, Tamil Nadu, said the Budget fails on economic strategy, worsens fiscal stress on states, and undermines federalism

Budget 2026: Skilling, education tied to jobs push in services, new economy

With a sharp rise in skilling and labour allocations, Budget 2026-27 focuses on aligning education with industry needs, boosting services-led employment, and preparing youth for emerging roles in the

Budget 2026: High-level panel for comprehensive review of banking sector

The proposed committee could examine long-pending issues such as corporate entry into banking, FDI norms, voting rights caps and consolidation

Union Budget 2026-27: Buyback proceeds to be treated as capital gains

Budget 2026 proposes a major overhaul of share buyback taxation, shifting proceeds from dividend income to capital gains to simplify rules, reduce arbitrage, and rebalance outcomes for promoters

Budget 2026 bets on asset monetisation with ₹80,000 crore FY27 target

Budget 2026 raises the FY27 disinvestment and asset monetisation target to Rs 80,000 crore, banking on a stronger pipeline of stake sales and infrastructure monetisation despite a shortfall in FY26

Budget 2026: Big push for data centres and simpler tax for GCC growth

Transfer pricing rate fixed at 15.5% to boost GCC confidence

16th Finance Commission retains 41% devolution, introduces GDP criterion

the 16th Finance Commission kept tax devolution at 41%, added GDP contribution as a new criterion, dropped revenue deficit grants, and pushed states towards stronger fiscal discipline

Budget 2026: Plantations, fisheries central to farm income strategy

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: Public investment to drive growth with sharp focus on infra

Building on recent success of public investment-led growth, Budget 2026-27 raises effective capital expenditure and channels spending into railways, roads, energy, industrial clusters

Budget 2026 boosts startups, MSMEs with ₹10,000 crore funds, credit push

FM Nirmala Sitharaman announced a ₹10,000 cr SME Growth Fund and additional credit and equity support for micro enterprises and startups to cushion them against global economic uncertainty

Budget 2026 flags restructuring of PFC, REC; merger question remains open

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

Union Budget 2026-27 aims to court overseas individuals to bolster markets

The Union Budget proposes higher PIS limits for overseas Indians, a review of FEMA non-debt rules, and LLP reforms for AIFs, aiming to attract long-term diaspora capital and deepen capital markets

Union Budget 2026-27: Centre doubles GIFT City tax holiday to 20 years

Budget 2026 extends the income tax deduction window for GIFT City IFSC units and offshore banks to 20 years, offering greater certainty to lenders and global financial firms expanding India operations

Budget 2026 proposes penalties for non-compliance in crypto reporting

Union Budget 2026 introduces daily and lump-sum penalties for lapses in crypto asset reporting, aiming to bring virtual digital assets firmly within the formal tax compliance framework

Budget 2026 raises FY27 capex 11.5% to ₹12 trillion, eyes infra growth

Union Budget 2026-27 raises capital expenditure to ₹12.2 trn, reinforcing the govt's infrastructure-led growth strategy, even as spending in the current fiscal is expected to fall short of estimates

Budget 2026 gives manufacturing a shot in the arm as ECMS outlay jumps

The Union Budget 2026-27 sharply raises allocations for electronics components, semiconductors, launches ISM 2.0, unveils fresh textile initiatives to strengthen domestic manufacturing and exports