Page 39 - Budget 2026 News

Rahul Gandhi criticises Union Budget as 'band-aid for bullet wounds'

The Congress earlier criticised the Union Budget as bereft of cure to "illnesses" of stagnant real wages, lack of buoyancy in mass consumption, sluggish rates of private investment

Budget 2025: Civil aviation gets Rs 2,400 cr, UDAN funds cut to Rs 540 cr

In the next fiscal, Air India Asset Holding Ltd will get a slightly higher allocation of Rs 1,025.51 crore compared to Rs 1,017.67 crore in the current financial year

India's tax relief might not spur growth or debt reduction: Moody's

Moody's Ratings has stated that the Indian government's decision to reduce the tax burden on middle-class consumers is unlikely to have a significant impact on economic growth

Budget 2025: Zero tax for income up to Rs 12.75 lakh. See how much you'll save

The tax rebate extends up to Rs 12.75 lakh when factoring in standard deductions under the new tax regime, making it the most significant tax relief since 1997

'Tax cuts to boost consumption', say top executives across sectors

The government's plan is estimated to help around 25-30 million personal tax payers save about 100,000 rupees annually, according to Kamal Bali, managing director of Volvo Group India

Power sector PSUs' investments to rise nearly 21% to Rs 86,138 cr in FY26

According to the Budget document, the Revised Estimate (RE) of investment by these nine firms is pegged at Rs 71,278.33 crore for 2024-25 while the budgeted estimate (BE) of Rs 67,286.01 crore

'Nothing new, all about Bihar elections': Opposition slams Budget 2025

The Opposition has slammed Budget 2025 as 'all about Bihar elections', calling it biased and neglectful of common people, the middle class, and key states

Budget 2025: Govt allocates Rs 2.87 trn for highways ministry for FY26

Finance Minister Nirmala Sitharaman on Saturday also increased the allocation to state-owned National Highways Authority of India (NHAI) to Rs 1,878,03 crore from last year's Rs 1,693,71 crore

SWAMIH boosts affordable housing, fund of Rs 15,000 cr to be established

Under the SWAMIH Fund, 50,000 dwelling units in stressed housing projects have been completed, and keys handed over to homebuyers

'Tax proposals to boost market flows, consumption,' NSE MD reacts to budget

NSE's chief executive and managing director Ashish Chauhan on Saturday welcomed tax proposals in the Union budget, saying it will help increase flows into the markets.

Govt to provide $647 mn to support strategic reserve oil purchases in FY26

The budget proposals also include an allocation of about Rs 180 crore for operation and maintenance of the SPRs and about Rs 335 crore for purchase of land and construction of new caverns

Transformative direct tax reforms in Budget 2025 for middle class empowerment

The reforms are part of the Government's broader strategy to stimulate consumption, enhance ease of doing business and boosting economic growth

UDAN scheme to improve regional connectivity with 120 new destinations: FM

Finance Minister revealed plans to facilitate the construction of Greenfield airports in Bihar, aimed at addressing the state's future aviation needs

'Nothing for Bengal' in Union Budget , says TMC MP Abhishek Banerjee

Bihar remained in focus in the presentation of the Union Budget for the 2025-26 fiscal with Finance Minister Nirmala Sitharaman making several announcements for the state, including makhana board

Budget 2025: How students benefit from lower TCS on foreign remittances

Union Budget 2025 revises TCS rates on foreign remittances, reducing the tax burden on students funding overseas education through loans or personal savings

Govt announces plans to strengthen climate resilience, energy transition

Presenting the Budget, Finance Minister Nirmala Sitharaman said the government will support domestic industries in making solar panels, EV batteries, wind turbines and electrolysers

Union Budget 2025-26 is all about capex drive to consumption thrive

Budget 2025 Highlights: The biggest beneficiary sector for the budget would be consumptions sectors like Staples, QSRs, White goods and Discretionary like Hotels and tourism

Union Budget 2025-26: Fiscal deficit broadly in line with expectations

Revenue spending growth of 6.7 per cent is somewhat higher than our forecast

'Punjab once again ignored,' says CM Mann reacting to Union Budget

Reacting to the budget, CM Mann alleged that Punjab has once again been "ignored" in the budget presented by the Bharatiya Janata Party-led Centre.

PM Modi hails Budget: Tax relief will provide big benefit to middle class

Budget 2025: Following the Budget presentation, Prime Minister Narendra Modi congratulated Finance Minister Nirmala Sitharaman and her team for presenting a 'people's Budget'