Page 38 - Budget 2026 News

Open to feedback on tax changes but... read FinMin latest remark on Budget

Union Finance Minister Nirmala Sitharaman's recent remark follows feedback from several experts and salaried individuals who feel that the Budget did not provide sufficient relief to the middle class

FY25 Budget confirms govt's commitment to reduce fiscal deficit: Fitch

The government's fiscal deficit target for FY25 is significantly below the 5.4 per cent that the ratings agency anticipated when it affirmed India's 'BBB-' rating, with a stable outlook, in January 20

Budget 2024: PMS firms rethink strategy after increase in STCG tax

Churn in holdings will attract higher tax; no-pass through advantage like MFs, AIFs

'Don't want to raise tariffs to high levels as industry becomes complacent'

Since indirect tax figures are not being released, we are treating GST data in the same manner, he says

Funding winter for startups may end with angel tax abolition: DPIIT Secy

A system of quarterly disbursement is in place for many sectors, except for few, such as food processing, where it is not feasible, he says

People are opting, and seeing value in new tax regime: CBDT Chairman

In a conversation, the chief of the direct tax apex body said that extension of the 15 per cent concessional rate depend on how the companies utilising the benefit

Archaic laws need to be reviewed keeping in mind recent changes: DFS Secy

Joshi explained the intention behind the Budget proposals for the financial sector

Union Budget 2024: Logistics and supply chain sector set to surge

The Budget's commitment to infrastructure development is evident in its substantial allocation of Rs 11.11 trillion for capital expenditure, amounting to 3.4 per cent of GDP

Union Budget 2024-25 serves a strategic blueprint for Viksit Bharat

The Budget underscores the importance of environmental sustainability

Odisha presents Rs 2.65 trn budget for FY25 with focus on agri, women

Apart from agriculture, the chief minister said the focus was on the industries, health, education and service sectors

Budget frontlines: 'Agnipath' driving shift in spending patterns

The government says that going by the baseline of the Budget for FY24, the current allocation amounts to a 4.72 per cent rise over the previous year's allocation

Budget 2024-25 throws STCG googly at sovereign wealth, pension funds

It proposes to tax gains arising on transfer or redemption or maturity of unlisted debentures or bonds to be deemed as short-term capital gains

FM has managed to lay down a growth-oriented Budget: Harsh Pati Singhania

Budget proposal to promote investments, create jobs, say industry players

Job schemes not a mandate, but a nudge to firms, says FM Sitharaman

The finance minister said the private sector shouldn't feel the pressure as it is not mandatory

I-T Act review attempt to make it simpler for taxpayers: CBDT chairman

The Act that started its journey in 1922 contains 298 sections, 23 chapters and other provisions in its current form of 1961

Congress govt in Telangana presents Rs 2.91 tn Budget; major announcements

The government spent Rs 34,579 crore on various schemes from December until now, said Telangana finance minister Mallu Bhatti Vikramarka

Decoded: What is Agristack system? How will it benefit agriculture sector?

In her Union Budget speech, Nirmala Sitharaman announced the Agristack DPI while adding that it will bring over six crore farmers under the formal land registry system

Union Budget 2024-25: Emphasis on bringing simplicity in direct tax system

Tax proposals aim to bring in uniformity, improve compliance and reduce litigation

Budget 2024: India Inc awaits consumer demand uptick to go on capex spree

CEOs expect govt capex of Rs 11.11 trillion to boost demand

Credit rating agencies upbeat on India's fiscal consolidation plan

Moody's Ratings notes that the Budget is credit positive