Page 78 - Budget 2026 News

Govt may scale down fiscal deficit target to 5% or less in Budget: ICRA

The government had pegged the fiscal deficit estimate at 5.1 per cent for the current fiscal year when it presented the interim Budget in February

Budget 2024: Green tech, vehicle scrapping aid; auto sector's wishlist

Budget 2024: During the Interim Budget presentation, Nirmala Sitharaman had highlighted that the Centre is keen on expanding and strengthening the electronic-vehicle ecosystem

Budget 2024: Rail budget may see more focus on passenger capacity, safety

Ashwini Vaishnaw recently announced that the national transporter will manufacture 10,000 non-air-conditioned coaches over the next two financial years

Space industry demands tax exemptions, PLI scheme from Union Budget

SIA-India director general Anil Prakash made a strong pitch for a substantial increase in the space budget to align with space-faring nations, alongside dedicated funds for local manufacturing

Union Budget 2024-25: Govt likely to increase tax mopup estimates

Projections may increase by Rs 30K-40K cr vs Interim Budget

Budget 2024: Apparel exporters seek fiscal incentives to boost exports

"This will increase the apparel industry's competitiveness in the international market," AEPC Chairman Sudhir Sekhri said in a statement

Budget 2024: Govt plans employment-linked incentive scheme for job creation

Budget 2024: The proposed ELI scheme may offer tax relief and wage subsidies to companies for creating employment opportunities amid rising concerns over 'jobless growth'

Budget 2024: Govt likely to announce steps to enhance pulse production

Union Budget 2024: Finance Minister Nirmala Sitharaman will present the Budget in the Lok Sabha on July 23

Budget 2024: Lower GST demand listed by Delhi Market Association officials

Union Budget 2024: The Delhi Market Association has urged the government to consider measures to lower the Goods and Services Tax (GST) rates on essential items and on shop rentals

Budget 2024: FMCG sector seeks more spending in rural areas to push demand

Ahead of the Union Budget, the consumer sector is calling on the govt to enhance both rural and urban infra, create a more business-friendly environment, and prioritise measures to boost demand

Double standard deduction: KPMG outlines key tax reforms for Budget 2024

KPMG released set of expectations for Budget 2024 that includes doubling standard deduction to Rs 1 lakh, increasing tax break on interest paid on housing loan and rationalisation of capital gains tax

Budget 2024: Govt likely to introduce insurance laws amendment bill

The provision of composite licenses would allow life insurers to underwrite health insurance or general insurance policies

Crypto industry body requests reduction in TDS to 0.01% in Budget

The crypto body has further asked for an increase in the threshold limit for TDS deduction under Section 194S of the Income Tax Act from Rs 10,000 to Rs 5,00,000

Union Budget 2024-25 likely to relax compliance with Customs rules

Budget may introduce electronic bank guarantee to curb tax leakage

Economic vision, political theme key aspects to watch in Budget: Nomura

Amid growing concerns on higher social sector spends, Nomura's Nandi reminded all about Finance Minister Nirmala Sitharaman's recent statement on saturation levels being reached on that subject

PM Modi, FM Sitharaman meet top economists ahead of Union Budget 2024

Social sector push, rural economic development discussed at key meet

Budget watch: Real estate sector wants industry status, tax relief

The sector also expects the Centre to provide measures, including tax breaks, to boost the demand for affordable housing, generally priced below Rs 50 lakh

Budget 2024: Fada seeks vehicle depreciation benefits for income tax payers

In its pre-budget wishlist, the Federation of Automobile Dealers Associations (FADA) also asked the finance ministry to reduce corporate tax for LLPs, proprietary, and partnership firms

Budget 2024: What does the education sector expect from Nirmala Sitharaman?

Union Budget 2024: Finance Minister Nirmala Sitharaman will present the Budget in the Lok Sabha on July 23

Budget 2024: Govt may introduce amendments to push banking sector reforms

These Acts led to the nationalisation of banks in two phases and provisions of these laws have to be changed for the privatisation of banks, they said