A surprise STT hike in Budget FY27 triggered a sharp market sell-off, with banks and metals hit hard amid worries over borrowing, bond yields and financial conditions
Budget 2026 announces rare-earth corridors and waives customs duty on mineral processing equipment, aiming to cut import dependence and secure supply chains vital for EVs, renewable energy
On the taxation front, while details are awaited, one proposal stands out: Exempting global (non-India-sourced) income of a non-resident expert for five years in India
Defence's share of GDP declined from 2.25 per cent in FY20 to 1.91 per cent in FY25, a level that was maintained in FY26 as well
Massive indigenisation has occurred in high-speed tech, detailed plan may not need foreign funding
Finance Minister Nirmala Sitharaman pitches tier-II and tier-III cities as engines of growth, rolling out reform-linked funding for city economic regions to drive balanced urban development
Budget stays silent on MDR, industry to pursue bid in coming months
Morgan Stanley said the FY27 Budget backs growth through three pillars: a continued manufacturing push, stronger support for services and a renewed emphasis on capital expenditure
Union Budget 2026 on compensation: The change, once enacted, will ensure accident victims receive the full interest awarded on compensation without tax deductions
Fiscal deficit targets stay on track and projections look realistic, but the Budget avoids big reforms on Customs tariffs and tax structure, offering mainly incremental changes
FM said the govt will revise baggage clearance rules and enhance duty-free allowances to reflect modern travel patterns and address passenger concerns over valuation and temporary carriage of goods
This is a Budget that shows a future-ready Bharat, and carries forward the reforms that the Prime Minister initiated on August 15 last year, says Goyal
BofA Securities said the modest fiscal consolidation rests on "very realistic" revenue and expenditure assumptions, adding to the credibility of the Ministry of Finance
Budget 2026-27 keeps allocation for e-Courts Phase III unchanged at ₹1,200 crore, underscoring continued emphasis on judicial digitisation
India must also remain deeply integrated with global markets, exporting more and attracting stable long-term investment
Budget 2026-27 Highlights: Finance Minister Nirmala Sitharaman presented her ninth straight Union Budget in the Lok Sabha on Sunday. Catch updates here
Budget 2026 sketches an ambitious AI- and cloud-led growth model, but sustained R&D investment will be crucial if India is to become a creator, not just a consumer, of technology
Transfer pricing rate fixed at 15.5% to boost GCC confidence
One of the key characteristics of this Budget appears to be a focus on systems thinking. It is clear that the government wants to build infrastructure with integration across regions and sectors
FM Nirmala Sitharaman announced a ₹10,000 cr SME Growth Fund and additional credit and equity support for micro enterprises and startups to cushion them against global economic uncertainty