Page 448 - Budget 2026 News
Nitin Desai: Mr Jaitley's Budget imperatives
The author enumerates the specific signals that Arun Jaitley's first Budget should convey
 "Budget session might begin on July 7")
High fiscal deficit exposing India to shocks: Moody's
India's budget deficit is high and this increases macro-economic imbalances, which exposes it to shocks
 "High fiscal deficit exposing India to shocks: Moody's")
SMEs in Modi's backyard bet on Jaitley for their good days
Varanasi Laghu Udyog Sangh has written to union finance minister Arun Jaitley seeking relief in service tax, central excise and income tax
 "SMEs in Modi's backyard bet on Jaitley for their good days")
Jaimini Bhagwati: Correcting tax and disclosure anomalies
Loose disclosure norms for money from abroad have serious implications for systemic risk
FM meets insurers; foreign investments top priority
Tax sops unlikely for the sector in coming Budget
 "FM meets insurers; foreign investments top priority")
No fresh funds for state-run banks in Budget: G S Sandhu
Union Finance Minister Arun Jaitley is set to present the Budget next month
 "No fresh funds for state-run banks in Budget: G S Sandhu")
Tobacco products may attract higher taxes in Budget
The health ministry has proposed a tax hike of Rs 3.5 per stick on cigarettes
 "Tobacco products may attract higher taxes in Budget")
Carmakers want excise duty cut to continue even after June 30
The reduction in excise duty, given to the auto sector with an aim to give some impetus to sagging sales, is applicable till June 30
 "Carmakers want excise duty cut to continue even after June 30")
Gen insurance cos want tax sops to boost health cover for SMEs
The non-life insurers have raised a demand for raising the limit of income tax rebate under section 80D for providing health cover
 "Gen insurance cos want tax sops to boost health cover for SMEs")
Govt may defer GAAR by a year to improve business sentiment
As per the new proposal, investments made after March 2013 will be covered under GAAR with effect from assessment year 2017-18
'FM to come out with reform measures in Budget'
Jaitley is widely expected to come out with reforms on subsidy front
 "'FM to come out with reform measures in Budget'")
Jaitley to present Union Budget on July 10
Railway Budget will be presented on July 8 and Economic Survey will be tabled on July 9
 "Jaitley to present Union Budget on July 10")
IT, ITeS sectors expect tax relief in Budget
This move would help revive the subdued demand and promote manufacturing in the country
 "IT, ITeS sectors expect tax relief in Budget")
Budget unlikely to be sent to parliamentary committees
This is because there is hardly any time for the exercise as the vote-on-account budget approved by the previous parliament ends on July 31
 "Budget unlikely to be sent to parliamentary committees")
Budget will bring a simpler tax system for businesses: Nirmala Sitharaman
Interview with Commerce minister
 "Budget will bring a simpler tax system for businesses: Nirmala Sitharaman")
Tax exemption sought on road safety investment
India accounts for 10% of global road accidents with about 1.38 lakh fatalities every year, which is the highest in the world
 "Tax exemption sought on road safety investment")
Expedite military purchases, says Jaitley
Jaitley said the entire resources of the country will be made available for the purpose
 "Expedite military purchases, says Jaitley")
Budget may launch reform agenda: Morgan Stanley
The first area on which the new government will focus is improvement in the business environment, which has remained challenging since the credit crisis
 "Budget may launch reform agenda: Morgan Stanley")