Page 12 - Budget 2026 News

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

Heritage Foods hails Budget as watershed moment for dairy, livestock sector

The company's Executive Director Brahmani Nara said the Union Budget 2026 marks a significant milestone for India's dairy and livestock sectors

Budget 2026: Centre allocates ₹30 crore for Lokpal; ₹54.56 crore to CVC

Anti-corruption ombudsman Lokpal has been given ₹30 crore for the next fiscal while probity watchdog Central Vigilance Commission has been given ₹54.56 crore

Budget 2026-27: Govt sets up panel to study AI impact on services sector

Union Budget 2026: The Centre plans a high-powered panel to assess how AI is changing services, employment and skills, while aiming to raise India's global share in services to 10% by 2047

Budget 2026 offers six-month window to disclose overseas income and assets

Missed declaring foreign income or assets? Budget 2026 offers a second chance

Budget 2026: FM Sitharaman keeps LTCG tax rates unchanged for FY27

The Union Budget 2026 keeps long-term capital gains tax rates unchanged, while buyback proceeds will be taxed as capital gains; securities transaction tax on commodities futures has been increased

Budget 2026: Govt raises infra spending by 8.8% to record ₹12.2 trillion

India has significantly raised infrastructure spending after the Covid-19 pandemic, aiming to boost economic growth and create more jobs in the world's most populous country

Derivatives trading to get costlier: STT on options premium raised to 0.15%

Budget 2026 raises STT on options and futures to curb speculation

Budget 2026: What the sodium antimonate duty cut means for the solar sector

Union Budget 2026 removes basic customs duty on sodium antimonate, a specialised chemical used in photovoltaic glass, offering cost relief and competitiveness gains for solar glass manufactures

Budget 2026: Govt allocates ₹600 crore for three dedicated chemical parks

For the first time, the Union Budget provides a dedicated allocation for chemical parks, with ₹600 crore earmarked in the Budget Estimates for 2026-27

Decoded: Share buybacks to be taxed as capital gains under Budget 2026

In a big relief to minority shareholders, now buyback of shares will again be taxed as capital gains tax and hence long term shares tendered in buyback will be taxed only at 12.5% as against the norma

Budget 2026: Biopharma to medical tourism, push for healthcare value chain

In Union Budget 2026, FM Nirmala Sitharaman announces ₹10,000 cr Mission Biopharma Shakti, 1,000 clinical trial sites, 10,000 new medical seats, Customs relief on key drugs, and 5 medical tourism hubs

Budget 2026: Centre announces ₹20,000 cr plan to scale carbon capture tech

Union Budget 2026: The Centre will launch a ₹20,000 crore scheme over five years to promote carbon capture technologies across power, steel, cement, refineries and chemical sectors

Budget proposes to set up dedicated REITs to recycle CPSE realty assets

Experts say the proposal could expand investable real estate supply, deepen markets and provide liquidity

Income Tax Act 2025 to be implemented from April 1: FM Sitharaman

The Income Tax Act, 2025, will come into force replacing the six-decade-old tax law on April 1

Govt proposes launch of Khelo India mission to transform sports sector

The Khelo India programme was launched in 2017 with objective to hold national level competitions across age groups for talent identification

FM proposes duty-free imports of specified inputs for leather exports

The move will help provide cushion to leather exporters who are reeling under the steep 50 per cent US tariffs