Medical tourism has been given a fillip, as has education by way of setting up educational institutions
I don't see a major push in expanding export markets in this Budget
From a capital markets perspective, the Budget's proposals to deepen the corporate bond market clearly stand out
The relaxation on domestic sales for special economic zone (SEZ) units proposed in the Budget will be a "limited-time window" to help these export-oriented enterprises tide over global uncertainties, Revenue Secretary Arvind Shrivastava said on Monday. "SEZs' focus is exports, and that will continue to remain as exports. Therefore, this window being created is expected to be a one-time, limited-time frame window, and we hope, during this period, the various uncertainties and volatilities of the international trade will also pass over, and we will be in a position to get back stability on that front too," the secretary said at a CII post-Budget interaction here. To address concerns arising about the utilisation of capacities by manufacturing units in the SEZs due to global trade disruptions, Finance Minister Nirmala Sitharaman, in her Budget speech, proposed a "special one-time measure" to facilitate sales by eligible manufacturing units in SEZs to the DTA (domestic tariff area) at ..
The focus on sustainable fibres like silk, jute, and manmade recycled fibres ensures that Indian fashion remains ethical
Lower TCS means less cash blocked upfront for medical spends and travel as well, say tax experts
Increased capital expenditure, provisions for industrial clusters, and focus on MSMEs in the FY27 budget are expected to strengthen economic activities and support steel demand, steel industry players said on Monday. Presenting the annual Budget for the next financial year on Sunday, Finance Minister Nirmala Sitharaman announced a series of measures covering infrastructure, renewables, logistics and the MSME sector. Sharing his views with PTI, Naveen Jindal, President of the Indian Steel Association, said that a 22.2 per cent effective increase in capital expenditure, focus on freight corridors and inland waterways, and the Rs 10,000-crore container manufacturing scheme are expected to strengthen infrastructure activity, improve trade logistics and support steel demand. Dilip Oommen, CEO of AMNS India, said the steps to strengthen project financing, revive industrial clusters and expand infrastructure in Tier-II and Tier-III cities will boost domestic manufacturing and enhance ...
Bandhan Bank founder and Group Chairman Chandra Shekhar Ghosh on Monday said the Union Budget's proposal to set up a High Level Committee on Banking for Viksit Bharat is a significant step towards aligning the banking sector with India's next phase of growth, while safeguarding financial stability, inclusion and consumer protection. In the budget, Finance Minister Nirmala Sitharaman proposed formation of the panel to comprehensively review the banking sector, and align it with India's next phase of growth, while safeguarding financial stability, inclusion and consumer protection. She also outlined a proposal for NBFCs with clear targets for credit disbursement and technology adoption, and suggested the restructuring of public sector NBFCs such as Power Finance Corporation and Rural Electrification Corporation to improve scale and efficiency. Ghosh said the proposed committee may play a key role in shaping the future regulatory and policy framework for banks, particularly those engag
Missed reporting a foreign bank account or asset after returning to India? Budget 2026 opens a one-time six-month window to fix it without prosecution
The Budget's proposed conditional relaxation to allow special economic zone (SEZ) units to sell goods in the domestic market will help promote import substitution and create new jobs, Commerce Secretary Rajesh Agrawal said. He said the details of the announcements will be rolled out in the next 2-3 months. The government on Sunday announced a one-time measure to allow SEZ units to sell their goods in the domestic market at concessional import duty rates, subject to certain quantitative restrictions. It was a long-pending demand of these zones as they were not able to sell their excess production due to global uncertainties and high import duties in India on labour-intensive sectors. The secretary said the proposal will help buy goods from SEZs rather than importing from third countries. "It will help in import substitution and better job creation. It will also provide a level playing field to DTA (domestic tariff area) firms (vis-a-vis SEZs)," Agrawal told PTI. About 7-8 sectors,
Education Budget 2026: Lower TCS under the Liberalised Remittance Scheme eases upfront costs for families funding overseas education and medical treatment
Finance Minister Nirmala Sitharaman on Monday said the Union Budget for FY27 has focussed on investment as a priority tool for boosting consumption, and the trajectory of fiscal deficit shows that the government's priority is growth. Interacting with the media after the 2026-27 Budget presentation, Sitharaman also the volatility in gold prices is due to global uncertainty, and many central banks are investing in gold. "It also shows that investors do not have confidence in any one particular currency. and hence the rush to buy gold," Sitharaman said. Talking about hike in securities transaction tax (STT) on F&O trades, the minister said it is a "sort of deterrence so that people do not go headlong in speculative" derivative trading. The Budget has proposed an increase in STT on futures contracts to 0.05 per cent from 0.02 per cent. STT on options premium and exercise of options are proposed to be raised to 0.15 per cent from the present rate of 0.1 per cent and 0.125 per cent, ...
Crisil Intelligence said that the Budget aims to strengthen both manufacturing and services to support the next phase of growth
The rebound came after a sharp-sell off witnessed during the special trading session on Sunday, February 1, 2026 as Finance Minister Nirmala Sitharaman presented the Budget 2026
New regime typically wins unless deductions are high enough to tilt the calculation toward old, says expert
Tighter reporting norms bring crypto closer to mainstream financial standards: Experts
However, thus far in the calendar year 2026, the Adani Group stocks have underperformed the market by falling up to 19 per cent, as against 4.6 per cent decline in the BSE Sensex.
Budget 2026 cheaper, costlier full list: From overseas travel and medicines to umbrellas and alcohol, Budget 2026 reshapes costs through a fresh round of customs and tax changes
The Union Budget for 2026-27 has also placed a clear bet on urbanisation as an engine of growth
The Indian tyre industry stands to gain from the government's steps to enhance spending on infrastructure announced in the Union Budget 2026-27, Automotive Tyre Manufacturers Association (ATMA) said on Monday. The tyre sector is closely linked to the performance of the transport and infrastructure ecosystem and the substantial increase in public capital expenditure to Rs 12.2 lakh crore is a significant positive for long-term demand growth, ATMA said in a statement. The higher capex allocation underscores the government's ongoing push to build future-ready infrastructure across the country, particularly roads, rail connectivity, urban mobility networks and logistics corridors , which are critical drivers of tyre demand across all vehicle segments, it added. "The tyre industry's growth is intrinsically linked to the pace of infrastructure expansion in the country. The government's focus on elevating public capex reinforces demand momentum for tyres across both passenger and commercia