Chidambaram, who has served as the finance minister four times, said the Budget failed "the test of economic strategy and economic statesmanship"
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
Withdrawal of interest deductions on borrowed investment funds is set to increase tax costs for leveraged HNIs and corporate treasuries
Budget 2026: The Budget lays out new schemes and higher spending on infrastructure, technology, healthcare and jobs, while offering support for industry and students
The central government raises its money from a mix of taxes, borrowings, and other receipts, while it is spent on states, interest payments and pensions
The exemptions are aimed at simplifying tax rates, supporting domestic manufacturing, boosting exports, and removing old duty exemptions that are no longer needed
With US tariffs hitting Indian exports, Budget 2026-27 doubles down on manufacturing, capex and targeted relief for tariff-hit sectors
Sitharaman said that the focus will be on tier-2 and tier-3 cities so that growth is not limited to big metros
Compared with last year's Budget, the Union Budget 2026-27 builds on the credit framework while moving decisively towards equity funding, market-linked liquidity, and structured compliance support
Union Budget 2026 plan links SHG products, retail markets and easier finance for women-led businesses
Finance Minister Nirmala Sitharaman said customs duty exemptions in Union Budget 2026 aim to simplify tax rates, support domestic manufacturing, boost exports and remove redundant exemptions
Several manufacturing-focused schemes received fresh allocations and enhancements in Budget 2026
Budget signals a shift toward a less adversarial tax regime by extending return-filing deadlines to March, halving the mandatory litigation deposit to 10%, and decriminalising minor procedural lapses
Union Budget 2026: Finance Minister Nirmala Sitharaman unveils Biopharma Shakti, a ₹10,000 crore, five-year plan to boost domestic biologics, biosimilars, clinical trials and regulatory capacity
PM Modi says Union Budget 2026 focuses on fiscal discipline, inflation control and high capital spending, while backing reforms, MSMEs and tourism to drive growth and achieving 'Viksit Bharat' goals
From lower TCS on foreign travel to easier equity access and property sale relief, Budget 2026 brings a clutch of changes for NRIs and overseas Indians
Union Budget 2026 scales up capital spending to ₹12.2 trillion, keeping infrastructure at the centre of growth while signalling continued commitment to fiscal consolidation
Union Budgeet 2026: Lower TCS rates under LRS aim to ease upfront tax costs for overseas education, medical treatment and travel spending
Union Budget 2026: The Centre plans a high-powered panel to assess how AI is changing services, employment and skills, while aiming to raise India's global share in services to 10% by 2047
The Union Budget 2026 keeps long-term capital gains tax rates unchanged, while buyback proceeds will be taxed as capital gains; securities transaction tax on commodities futures has been increased