Page 31 - Budget 2026 News

Govt likely to shift focus to railways from road transport in infra push

Govt has ramped up infrastructure spending, particularly on the road network, since the pandemic to drive economic growth, but execution challenges could see the focus shift to the railways

Budget should focus on mix of fiscal consolidation, boost to capex: Ind-Ra

The Centre in the FY22 Union Budget had provided a fiscal consolidation glide path till FY26 according to which the fiscal deficit will be brought down to 4.5 per cent of the GDP

Union Budget 2025 expectations highlights: Budget should focus on infra spending, says MPC member

Union Budget 2025 Latest Updates: Catch all the latest developments related to Union Budget 2025 here

Infra needs Rs 15 trn annual outlay for 'Viksit Bharat' goal: Mandaviya

He pointed out that the Indian economy is rapidly expanding, increasing the people's purchasing power and creating new jobs in the new sector

Budget 2025: Banks expect incentives to boost deposit mobilisation

The Indian Banking Association has asked for certain tax rebates on the savings account in order to nudge customers to retain funds in this account

Budget 2025: Govt plans NPS reforms to boost pension cover for gig workers

The government may hike the minimum pension amount under Atal Pension Yojana in the upcoming Union Budget to attract informal sector workers

Will Budget 2025 extend benefits like social security to gig workers?

The number of gig workers in India are expected to grow to 23.5 million by the end of 2029-30 from around 7.7 million in 2020-21

Budget 2025: Decoding tax and non-tax revenue and why they matter

As the Union Budget 2025 approaches, it is crucial to understand how the government earns its revenue from taxes and non-tax sources. Here's a breakdown

Will Budget 2025 kickstart Indian manufacturing, drive GDP growth?

Focus on the manufacturing sector was among the primary suggestions made to the Finance Minister Nirmala Sitharaman during the pre-Budget consultations by a group of economists

Biocon urges govt to exempt cancer, rare-disease drugs from tax in Budget

To make cancer care more affordable in price-sensitive India, Mazumdar-Shaw said, the government must also cut import duties for high-tech instruments

Green transition: Expectations and recommendations for Budget 2025

It is important for India to establish a coherent and comprehensive tax framework which will incentivise green investment and support the renewable energy value chain among other measures

Long-term perspective on tax structure to aid product development: Skoda

Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) oversees the India operations of five Volkswagen Group brands - Skoda, Volkswagen, Audi, Porsche and Lamborghini

Agri research needs big boost, has to be more focused, say experts

Studies show that agri research has the highest RoI among farm-linked activities. Will ICAR get more funds in the Budget?

Union Budget 2025-26: Here are the key challenges in the telecom sector

Digital ecosystem growth is facing the increasing risk of cyberattacks on consumers and enterprises alike

Budget 2025 needs to focus on capex, infra spending: RBI MPC member

The eminent economist noted that sustaining infrastructure expenditure and building it further would be very helpful

Budget: Govt could cut customs duty on raw materials to boost manufacturing

Deloitte India Partner, Indirect Tax, Harpreet Singh said key demands from the Customs side from the Budget, to be tabled in Feb 1, would be rate rationalisation, simplification of the regime

Eliminate coal cess to support power-intensive industries: Assocham

In its pre-budget memorandum 2025-26, the industry body said that high cess on coal (Rs 400 per MT)...be eliminated to support power-intensive industries

Govt converted ease of doing business to unease in doing business: Cong

It also called on the government to take action to protect Indian manufacturing jobs and take decisive action to shore up wages and purchasing power

Budget should cut tax rates, focus on domestic drivers to boost growth: EY

Srivastava said FY26 Budget should earmark a 20 per cent growth in capex spending over the revised estimates for current fiscal

Budget 2025: Space sector seeks PLI scheme, more use of satellite data

The Indian space economy is valued at 8.4 billion dollars and the private sector has just about started making a mark by building satellites and launch systems eyeing a manifold increase