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
Budget 2026 extends the income tax deduction window for GIFT City IFSC units and offshore banks to 20 years, offering greater certainty to lenders and global financial firms expanding India operations
Union Budget 2026 introduces daily and lump-sum penalties for lapses in crypto asset reporting, aiming to bring virtual digital assets firmly within the formal tax compliance framework
Finance Minister Nirmala Sitharaman on Sunday hit back at Congress leader Rahul Gandhi, saying that India's economic fundamentals are strong and the Budget addresses the needs of all sections of society. "With due respect, I don't know what course correction he (Gandhi) is referring to. Economy and its fundamentals are strong. Global uncertainty is facing many of our sectors for whom we have brought in so many different schemes for those small and medium enterprises, textiles, leather...for farmers and women entrepreneurs," she said. These are ways in which the government is reaching out to the common small people and making sure that they are receiving the benefit of various schemes, she said in customary post-Budget interaction with the media. She was reacting to the Leader of the Opposition's comment in a post on X, which said, "Youth without jobs. Falling manufacturing. Investors pulling out capital. Household savings plummeting. Farmers in distress. Looming global shocks - all
The Union Budget emphasised tourism through an institute upgrade, guide training, adventure and heritage initiatives, and lower TCS on overseas tour packages to boost competitiveness
Opposition-ruled states slammed Budget 2026 for ignoring federal concerns and tax devolution, while NDA chief ministers welcomed its focus on manufacturing, infrastructure and MSME-led growth
The Finance Bill introduces penalties for delayed or inaccurate crypto transaction reporting, including a ₹200-per-day fine and a ₹50,000 penalty for uncorrected errors