Page 11 - Budget 2026 News

Budget 2026 allocates ₹1,102 crore for ministers, PMO and state hospitality

The Prime Minister's Office (PMO) has been allocated ₹73.52 crore for the coming fiscal against the allocation of ₹68 crore in 2025-26 for meeting administrative expenses of the high office

Budget makes tax compliance easier, gives relief in penalties and timelines

Budget signals a shift toward a less adversarial tax regime by extending return-filing deadlines to March, halving the mandatory litigation deposit to 10%, and decriminalising minor procedural lapses

Centre to borrow record ₹17.2 trillion in FY27, bond supply tops estimates

The net borrowing will rise to ₹11.73 trillion next fiscal ​from ₹11.33 trillion for the current fiscal, according to the budget. India's fiscal year runs April through March

Customs duty exemptions extended for lithium-ion cells, critical minerals

For biogas blended CNG, she said, 'I propose to exclude the entire value of biogas while calculating the central excise duty payable on biogas blended CNG'

CIC, Public Enterprises Selection Board get ₹39.14 allocation in Budget

The Budget Estimate for the CIC and PESB in 2025-26 was higher at ₹42.49 crore

India expects record ₹3.16 trn dividend from RBI, state-run firms in FY27

The funds would be crucial for the government to meet its spending needs while keeping the fiscal deficit within 4.3 per cent of gross domestic product

Budget places infra at heart of journey towards 'Viksit Bharat': Gadkari

He said the Budget for 2026-27 outlines a decisive roadmap centred on farmers, youth, and MSMEs

Budget 2026: Biopharma Shakti plan aims to make India a biologics hub

Union Budget 2026: Finance Minister Nirmala Sitharaman unveils Biopharma Shakti, a ₹10,000 crore, five-year plan to boost domestic biologics, biosimilars, clinical trials and regulatory capacity

Budget 2026 lays roadmap for building developed India by 2047: Amit Shah

Shah said the Budget demonstrates that the vision of an "Atmanirbhar and Viksit Bharat" is not merely a slogan but a firm resolve of the government

Buyback proceeds for all shareholders to be taxed as capital gains: FM

She also said the government has proposed a joint panel of Corporate Affairs Ministry and CBDT for incorporation of income computation and disclosure standards

Budget 2026: Centre allocates ₹1.4 trillion to states, keeps 41% share

The 15th Finance Commission recommended a share of states in the central taxes to be 41 per cent, and the 16th Finance Commission has retained the vertical share of devolution

Budget 2026 aims to reduce fiscal deficit, boost capex and growth: PM Modi

PM Modi says Union Budget 2026 focuses on fiscal discipline, inflation control and high capital spending, while backing reforms, MSMEs and tourism to drive growth and achieving 'Viksit Bharat' goals

Shopping abroad or online? Budget 2026 cuts customs duty burden by half

How the customs duty cut will impact your overseas purchases

Sitharaman proposes Infra Risk Guarantee Fund to boost private investment

The government will now focus on Tier-II and Tier-III cities, and even temple-towns, which need modern infrastructure and basic amenities, said FM Sitharaman

No allocation for Chabahar project in Budget amid US' sanctions on Iran

India is a major partner in development of the Chabahar port and in the last few years, New Delhi has been making an annual outlay of ₹100 cr to the mega connectivity project

Budget 2026 changes SGB tax rules, ends blanket capital gains exemption

When SGB capital gains will remain tax-free under new Budget rules

Budget 2026 brings tax relief, investment flexibility for overseas Indians

From lower TCS on foreign travel to easier equity access and property sale relief, Budget 2026 brings a clutch of changes for NRIs and overseas Indians

Budget 2026-27 places Odisha firmly at heart of India's growth story: BJP

Hailing the Budget 2026-27, Odisha BJP spokesperson Anil Biswal said it reflects a clear and confident vision to transform Odisha into a strategic engine of eastern India's development

Budget 2026 keeps infra at core, raises capital spending to ₹12.2 trillion

Union Budget 2026 scales up capital spending to ₹12.2 trillion, keeping infrastructure at the centre of growth while signalling continued commitment to fiscal consolidation

Budget 2026 relief: Lower TCS on foreign education, medical travel

Union Budgeet 2026: Lower TCS rates under LRS aim to ease upfront tax costs for overseas education, medical treatment and travel spending