Page 449 - Budget 2026 News
A K Bhattacharya: Beware of those revenue numbers
It is important for the finance minister not to impose on his tax collection team a revenue target that is unrealistic
Arvind Panagariya: A flexible deficit target
The author explains why his suggestion of the fiscal deficit at 4.5% of GDP differs from P Chidambaram's 4.1% in the interim Budget
30 days of Modi govt: Most boxes ticked on the Street
Most sectoral indices up; observers await Budget for details on policy reforms
 "30 days of Modi govt: Most boxes ticked on the Street")
Budget likely to be supportive of bond market: Neeraj Gambhir
Interview with Managing director and head of fixed income (India), Nomura Fixed Income Securities
 "Budget likely to be supportive of bond market: Neeraj Gambhir")
Jaitley's maiden Budget likely to focus on health care
Universal health scheme on the cards; Spend on the sector likely to be raised
 "Jaitley's maiden Budget likely to focus on health care")
Shreekant Sambrani: PM Modi should target price manipulators at mandis
The government needs counter cyclical policies to tackle vegflation, which has become a recurrent problem
India should look at retrospective tax issue with open mind: USIBC
US-India Business Council said that the govt in India is new and one should give more time to them to fix their priorities
 "India should look at retrospective tax issue with open mind: USIBC")
Pharma body seeks exemptions for R&D, drug samples
The body also requests that all excisable goods used for R&D purposes should be exempted from central excise duty
 "Pharma body seeks exemptions for R&D, drug samples")
Need special zone for rough diamond trading: Industry
Seeks creation of "special notified zone" to bring global miners setting offices in India, simplify tax norms
 "Need special zone for rough diamond trading: Industry")
Will the markets see a pre-Budget rally?
In ten years, on only two out of twelve occasions, BSE S&P Sensex recorded gain during one-month period before Budget
 "Will the markets see a pre-Budget rally?")
'Tax incentives for non-life products will boost penetration'
R Chandrasekaran, Secretary General, General Insurance Council Call to have mandatory public liability policy for public places
 "'Tax incentives for non-life products will boost penetration'")
Excise duty on branded garments might return
Health minister's proposal for higher tax on cigarettes could be okayed; FinMin looks for more revenue avenues
 "Excise duty on branded garments might return")
Govt extends UPA's excise sops for key sectors
Cut in excise duty for vehicles and consumer & capital goods to continue till Dec
 "Govt extends UPA's excise sops for key sectors")
Extension of tax holiday, MAT exemption in power sector's Budget wishlist
Bats for long term policy for domestic and imported fuels
 "Extension of tax holiday, MAT exemption in power sector's Budget wishlist")
Ease tax burden to boost funding in Infrastructure
The need of the hour is to provide a unified definition of infrastructure so that the tax benefits are extended to more sub sectors
High rollovers as market bets big on the Budget
The Nifty futures rollover stood at 71.4%, compared to the previous three-month average of 58%
 "High rollovers as market bets big on the Budget")
Power industry hopeful of new lease of life
Pitches for extension of tax holiday and long-term policy on fuel
 "Power industry hopeful of new lease of life")
Companies may get to borrow more abroad
Finance ministry is likely to go by the recommendations of a committee on liberalising external commercial borrowings, headed by M S Sahoo
 "Companies may get to borrow more abroad")
Your cigarette now costs 44% more
In Mumbai and Delhi, 84-mm sticks of popular brands are available for Rs 12-13 each
 "Your cigarette now costs 44% more")
Sensex seen range-bound; budget awaited
The market will take a close look at the US non-farm payroll data, due on July 3
 "Sensex seen range-bound; budget awaited")