The Budget session will start on January 28 and continue until April 2 in two phases. The first phase ends on February 13, with Parliament reconvening on March 9
The Centre may amend the RDB Act in the FY27 Budget to earmark DRTs for high-value cases, speed up recoveries and reduce pendency clogged by low-ticket litigation
The state government on Saturday urged the Centre to address Karnataka's "shrinking fiscal space" in the Union Budget 2026-27, stating that the state is under mounting pressure due to GST changes, rising social commitments and rapid urbanisation. Karnataka Revenue Minister Krishna Byre Gowda, on behalf of the state government, handed over a representation to Union Finance Minister Nirmala Sitharaman at the Union Pre-Budget Meeting for 2026-27 in Delhi today. In a release issued by the Chief Minister's Office, Gowda said, "Karnataka is a major contributor to national growth, but is facing shrinking fiscal space amid GST changes, rising social commitments, climate shocks, and rapid urbanisation. States' responsibilities have expanded faster than their revenues, necessitating corrective fiscal measures in Budget 2026-27." The minister also flagged the fiscal and employment impact of replacing the demand-driven Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the ..
Every year, the Union Budget decides far more than government spending priorities. It quietly shapes how much you earn, spend, save, borrow, and invest.
Finance Minister Nirmala Sitharaman on Friday met experts from infrastructure and energy to elicit their views on the forthcoming Budget for FY27. Those present at the meeting include Afcons Managing Director S Paramasivan, Shapoorji Pallonji Infrastructure Capital Director Manish Tripathi, GMR Group Deputy Managing Director K Narayanarao, JM BAXI Group Director Sandeep Wadhwa and Infravision Foundation CEO Jagan Shah, among others. "Union Minister for Finance & Corporate Affairs Smt. @nsitharaman chairs the 11th Pre-Budget Consultation with the experts from the #Infrastructure and #Energy Sectors in connection with the forthcoming Union Budget 2026-27, in New Delhi, today. "The meeting was also attended by Secretaries of @MinOfPower; @shipmin_India; @MORTHIndia; Chairman of Railway Board; and the Chief Economic Adviser to the Government of India," the Ministry of Finance said in a social media post on X. Sitharaman is likely to present the Budget on February 1. She will present
CII noted that tax litigation continues to burden businesses, with more than five lakh appeals involving nearly ₹18 lakh crore pending before the commissioner (appeals)
The current market cycle, Naren said, does not resemble earlier periods. Today, the macroeconomic situation is extremely strong, which was not the case in the past
The central government seeks Parliament's approval for Rs 6.78 trillion in additional spending for FY25
This comes at a time when urban consumption is under pressure, as reflected in fast-moving consumer goods (FMCG) companies' October-December quarter results
Digital healthcare gets a major push, with broadband connectivity planned for all primary healthcare centres (PHCs) and rural schools
The National Capital Region Transport Corporation (NCRTC), India's first regional rapid rail project, has received an allocation of more than Rs 2,900 crore in the Union Budget 2025-26 announced on Saturday. The NCRTC has started its operation in Delhi from January 5 after Prime Minister Narendra Modi inaugurated a 13-km section of the corridor from Sahibabad in Ghaziabad to New Ashok Nagar in the national capital. The NCRTC received a total outlay of 2,918 crore in the current budget, while it was Rs 3,855 crore in last budget's revised estimates. The union budget for 2025-26 was presented by Finance Minister Nirmala Sitharaman on Saturday. After the inauguration of the NCRTC's Delhi section, commuters from the national capital can reach Meerut South in just 40 minutes. Currently, two stations -- Anand Vihar and New Ashok Nagar -- are operational in Delhi, while a third one is under construction at Sarai Kale Khan. The 82-km Regional Rapid Transit System (RRTS) corridor originat
Budget 2025 Highlights: As expected, the union government has very little room for fiscal maneuvering and has tried to maintain a fine balance
The Opposition has slammed Budget 2025 as 'all about Bihar elections', calling it biased and neglectful of common people, the middle class, and key states
Finance Minister revealed plans to facilitate the construction of Greenfield airports in Bihar, aimed at addressing the state's future aviation needs
According to expert this increase in loan limits will help farmers overcome immediate financial needs that could arise during crop cycles
This marks Nirmala Sitharaman's eighth consecutive Budget, making her the first Finance Minister of India to achieve this feat, surpassing former Prime Minister Morarji Desai's six consecutive Budgets
The President's previous two speeches to joint sittings of Parliament, on January 31, 2024, and June 27, 2024, had stressed on the government's efforts at empowering the "four pillars"
The global healthcare sector is grappling with a severe shortage of skilled professionals, driven by aging populations and escalating healthcare demand
The Budget presents a unique opportunity to revisit some of the key modernisation programmes, said Shardul S Fadnavis, Partner & Utility transformation leader, PwC India
Any hike in welfare spending could act as a sentimental positive for cement and rural recovery, said Jefferies, betting on Bharti Airtel, Ultratech Cement and TVS Motor to benefit from such calls