Budget 2026 News

From Defence to R&D, what didn't make the cut in Sitharaman's Budget speech

Key sectors such as defence and railways saw large FY27 allocations in the Budget documents, even though they found little or no mention in Sitharaman's Budget 2026 speech

SEZ units get one-time domestic sales window in Budget amid 50% US tariffs

The Union Budget proposes a one-time measure allowing eligible SEZ manufacturing units to sell a portion of their output in the domestic market at concessional duty to offset US tariff shocks

TCS-TDS changes: TCS cuts on LRS, tour packages to ease upfront cash outgo

Budget 2026 lowers TCS on foreign education, medical remittances and overseas tours, easing cash flow for families and simplifying compliance for NRI property deals

Budget 2026: High-level panel for comprehensive review of banking sector

The proposed committee could examine long-pending issues such as corporate entry into banking, FDI norms, voting rights caps and consolidation

2019 to 2026: Of FM Sitharaman's saris, seams and the fiscal fine print

Each drape, border and weave has echoed the fiscal moment-tight seams in lean years, bolder colours in recovery, steadier textures as India's economic story unfolded, measured carefully in six yards

Budget 2026-27 reactions LIVE: Industry leaders highlight long-term growth, reform momentum

Budget 2026 reactions LIVE: After Finance Minister Nirmala Sitharaman presented her ninth straight Union Budget in the Lok Sabha, industry leaders share their views. Catch live updates here

Budget 2026: PF rule clean-up simplifies tax treatment, keeps limits intact

Retirement savings streamlined by removing 12% tax ceiling on employer Provident Fund contributions and providing companies with a compliance cushion for tax deductions on employee welfare deposits

Budget 2026: Sitharaman did not address key concerns, says P Chidambaram

Chidambaram, who has served as the finance minister four times, said the Budget failed "the test of economic strategy and economic statesmanship"

Budget 2026: In a surprise move, FM Sitharaman hikes STT on F&O trades

The second increase in STT since 2024, effective April 1, seeks to curb excessive speculation in derivatives markets and boost tax collections hit by lower trading volumes this fiscal

Budget 2026: UPI, RuPay subsidy for FY27 at ₹2,000 crore; MDR unchanged

Union Budget 2026-27 allocates ₹2,000 crore to support low-value UPI and RuPay transactions, but the industry says the amount is insufficient and renews its push for a regulated MDR on large merchants

Budget 2026: PM Internship Scheme outlay down over 50% from BE FY26

The PM Internship Scheme had been allocated ₹10,831 crore in the Budget Estimates for 2025-26, but this was later slashed by about 95 per cent to ₹526 crore in the Revised Estimates

Budget 2026 raises FY27 capex 11.5% to ₹12 trillion, eyes infra growth

Union Budget 2026-27 raises capital expenditure to ₹12.2 trn, reinforcing the govt's infrastructure-led growth strategy, even as spending in the current fiscal is expected to fall short of estimates

Budget 2026: Seaplane manufacturing to get boost, aircraft parts duty cut

Centre announces incentives for indigenous seaplane manufacturing, VGF support for operations, and customs duty exemption on aircraft components

Budget 2026: Towards a healthier India through strategic healthcare push

The Budget reframes healthcare as a strategic national capability, backing biopharma innovation, workforce expansion and technology-led governance to power India's next growth phase

India clears foreign funding of manufacturing equipment, boosting Apple

In India, unlike China, Apple was concerned that if it paid for machines for its contract manufacturers, Indian law could consider that ​a so-called "business connection" and impose taxes

Budget support will help MSMEs scale from local to global: PM Modi

Prime Minister Narendra Modi said the Union Budget, aligned with India's recent trade deals, provides unprecedented support to MSMEs, sunrise sectors and infrastructure, laying the foundation for jobs

Budget 2026: Indian Railways to see record capex of ₹2.99 trillion in FY27

Union Budget for 2026-27 lines up new high-speed rails, freight corridor

Budget tax change weighs on dividend, MF investments made on borrowed money

Withdrawal of interest deductions on borrowed investment funds is set to increase tax costs for leveraged HNIs and corporate treasuries

Budget support will help MSMEs scale from local to global: PM Modi

PM Modi said the Union Budget, aligned with recent trade deals, provides unprecedented support to MSMEs, sunrise sectors, infrastructure, laying the foundation for jobs, growth, Viksit Bharat by 2047

Budget 2026 vs 2025: No new tax cuts; gains and misses for middle class

Budget 2026 vs 2025 Tax Slab: Budget 2026 keeps tax slabs unchanged, focuses on compliance relief and builds on last year's middle-class tax reset