The Union Budget 2026-27 proposed a series of measures impacting Non-Resident Indians (NRIs) and other overseas individuals, easing compliance in property transactions and widening access to Indian equity markets.Finance minister Nirmala Sitharaman presented her ninth consecutive Union Budget on Sunday, becoming the first finance minister in India to achieve this milestone, and also the first…
As the Centre prepares to roll out the Viksit Bharat–Guarantee for Rozgar Aajeevika Mission (Grameen) (VB-G RAM G), it has allocated Rs 95,692.31 crore for the new scheme, while earmarking Rs 30,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA).Allocation for MGNREGA is shown at Rs 30,000 crore for 2026-27, lower than…
MUMBAI: The Centre has set an ambitious disinvestment target of Rs 80,000 crore under miscellaneous capital receipts for 2026-27 which includes sale of shares in PSUs as well as asset monetisations. The budgeted target is a sharp jump from the revised estimate of about Rs 34,000 crore for the current fiscal, signalling renewed optimism after…
Union finance minister Nirmala Sitharaman on Sunday announced a nearly 9 per cent increase in capital expenditure, raising the allocation to Rs 12.2 lakh crore for FY 2026-27, as the government doubled down on infrastructure-led growth under its “future-ready Bharat” push.Presenting the Union Budget in Parliament, Sitharaman said the higher allocation was aimed at sustaining…
Union finance minister Nirmala Sitharaman on Sunday proposed the establishment of dedicated rare earth corridors in Odisha, Andhra Pradesh, Tamil Nadu and Kerala as part of the Union Budget for 2026–27, aiming to reduce India’s dependence on imports and strengthen domestic capabilities in critical minerals.Presenting the Budget in Parliament, Sitharaman said the Centre would “support…
India’s Goods and Services Tax (GST) collections reached Rs 1,93,384 crore in January 2026, showing a strong year-on-year increase of 6.2 per cent, reported ANI. The revenue had stood at Rs 1,82,094 crore in January 2025.Cumulatively, gross GST receipts for the period from April to January FY26 amounted to Rs 18,43,423 crore, up 8.3 per…
NEW DELHI: Stock markets indices were trading flat in the Sunday’s special trading session ahead of the Union Budget 2026, reflecting cautious investor sentiment.The Nifty 50 was at 25,302 . 05, down around 16 points, while Sensex was up by over 18 points at 82,301.91 , as at 9.35 am.The Bombay Stock Exchange (BSE) and…
Commercial LPG gas cylinder prices were hiked on Sunday after oil marketing companies revised rates upward, increasing the cost of a 19-kg cylinder by Rs 49 with effect from February 1, Sunday. Following the revision, the retail price of a 19-kg commercial LPG cylinder in Delhi has increased to Rs 1,740.50. Prices of domestic LPG…
Income Tax Budget 2026 Live: Middle class and salaried taxpayers will closely follow Finance Minister Nirmala Sitharaman’s Union Budget speech, hoping for additional tax relief. In the previous Budget, the FM completely revamped the new income tax regime. While experts believe that Budget 2026 offers limited fiscal headroom for sweeping tax changes, there is still…
Budget 2026 speech date, time: Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2026 in Parliament on February 1, 2026.The Union Budget 2026 will mark FM Nirmala Sitharaman’s ninth consecutive Budget presentation, making her the first finance minister in India to achieve this milestone. She will also become the first finance minister…
