Budget 2026: SGB Tax Exemption Only for Original Holders
Union Budget 2026-27 proposes capital gains tax exemption for Sovereign Gold Bonds only if held from issuance to maturity. Secondary market purchases lose this benefit.
Category : Business
7 High-Speed Rail Corridors & Rare Earth Corridors Announced
Finance Minister Nirmala Sitharaman announces seven high-speed rail corridors, a new freight corridor, and rare earth corridors in mineral-rich states to boost connectivity and mining.
SGB Tax Exemption Only for Original Buyers Held to Maturity
Union Budget 2026-27 proposes capital gains tax exemption on Sovereign Gold Bonds only if subscribed at original issue and held continuously until maturity, effective April 1.
CII Backs Balanced Union Budget 2026 with Tech, Skills Focus
The Confederation of Indian Industry (CII) has praised the Union Budget 2026-27 as balanced, highlighting its emphasis on technology and skills development. Education experts commend the budget's fiscal discipline and macroeconomic stability.
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CREDAI Seeks Revision of Affordable Housing Definition
The Confederation of Real Estate Developers' Associations of India (CREDAI) has called for a revision in the definition of affordable housing to better reflect current market realities and boost the sector.
Budget 2026: Auto Component Industry Gains from Non-Auto Sectors
Union Budget 2026-27's focus on infrastructure, clean energy, and manufacturing is creating indirect growth opportunities for auto component makers who have diversified into non-auto segments like railways, defence, and construction equipment.
Budget 2026: US Trade Demands Met, Vulnerable Sectors Protected
Finance Minister Nirmala Sitharaman's Union Budget 2026-27 addresses key US trade demands while bolstering tariff-vulnerable sectors like textiles, footwear, and marine products with targeted support measures.
MMF, Cotton Apparel Prices to Drop with Budget 2026 Incentives
Union Budget 2026-27 introduces textile manufacturing incentives, expected to reduce prices of sarees, suits, and readymade garments made of Man-Made Fibre and premium cotton apparel gradually.
Coffee Machine Import Duty Hike May Increase Cafe Prices
Union Budget 2026-27 withdraws concessions on imported coffee roasting, brewing, and vending machines, potentially raising costs for cafes and offices. Industry cites rupee depreciation as additional pressure.
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Budget 2026-27: Focus on Manufacturing, Markets Hit by Tax
Finance Minister Nirmala Sitharaman's Union Budget 2026-27 prioritizes manufacturing and infrastructure, but disappoints markets with a securities transaction tax hike and lack of foreign capital incentives.
Budget 2026: Import Duty Cut Makes Foreign Shopping Cheaper
Union Budget 2026-27 proposes reducing basic customs duty on personal imports from 20% to 10%, making overseas shopping more affordable for Indian consumers.
Budget 2026: Manufacturing as India's Growth Engine?
Analysis of India's Budget 2026 focus on manufacturing sector as potential main growth driver, examining challenges and opportunities compared to services.
Mixed Reactions to Union Budget 2026: Hope and Disappointment
Common people express diverse views on Union Budget 2026, ranging from optimism to despair, with concerns over price hikes and unmet expectations.
Budget 2026-27 Fuels Cement Sector Growth, Analysts Optimistic
Industry experts highlight Union Budget 2026-27's infrastructure push as key driver for cement demand, with potential for double-digit growth if allocations are fully implemented across projects.
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Leather Exports Boost: Duty-Free Imports to Create 2-3 Lakh Jobs
Government's IGCR scheme extension for leather and non-leather footwear inputs boosts exports, eases business, and promises significant employment growth in the sector.
Railways, Highways Take 47% of FY27 Capex: Budget 2026
Union Budget 2026-27 allocates Rs 12.2 lakh crore for capital expenditure, with Railways and Highways sectors receiving Rs 2.78 lakh crore and Rs 2.94 lakh crore respectively, accounting for nearly 47% of total infrastructure spending.
£5.4M Land Rover Defender Gamble Creates £50M Business
Charles Fawcett's 2015 bulk order of 240 Land Rover Defenders, made with borrowed money, transformed into a £50M business through bespoke restorations. The risky investment defied industry expectations.
Budget 2026: Mega Textile Parks to Boost MP's Economy
Madhya Pradesh's textile fortunes are set to rise with Budget 2026's mega textile parks initiative, leveraging the state's organic cotton dominance and MSME growth for value-added manufacturing.
Budget 2026: Rs 12.22 Lakh Crore Capex Target for FY27
The Union Budget 2026-27 allocates Rs 12.22 lakh crore for capital expenditure, an 11.5% increase, with infrastructure sectors like roads and railways receiving the bulk of funding.
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Budget 2026 Amnesty for Foreign Assets, Eases Black Money Law
Union Budget 2026-27 introduces FAST-DS 2026 scheme allowing small taxpayers to declare undisclosed foreign assets with immunity. Prosecution norms under Black Money Act relaxed for minor non-disclosures.
Kanpur Bank Fire: Short Circuit Causes Major Damage
A fire erupted in Uttar Pradesh Gramin Bank's Kalyanpur branch in Kanpur early Saturday due to a short circuit, destroying furniture and documents. Firefighters controlled it in two hours.
TN Urban Bodies Turn to Municipal Bonds After Budget
Tamil Nadu's cash-strapped urban local bodies, including Greater Chennai Corporation, are exploring municipal bonds following Union Budget incentives. The 10% waiver makes bonds attractive as traditional funding dries up.
Indore Parking Demolished for Metro Station Construction
A 4000 sq ft multi-storey parking facility near Krishnapura Chhatri in Indore was demolished over the weekend to make way for a new Metro station and offices, clearing the final obstacle for the project.
Union Budget 2026: Missed Foreign Investment Opportunities
Despite India's higher economic growth trajectory highlighted in the Economic Survey, the Union Budget 2026 fails to address critical foreign investment gaps and capital attraction needs.
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Budget 2026-27 Launches Manufacturing-First Strategy
The Union Budget 2026-27 introduces a comprehensive manufacturing-first approach, doubling electronics allocation to Rs 40,000 crore and launching India Semiconductor Mission 2.0 with urban hubs.
Pune: India's Biopharma Hub Gets Budget 2026 Push
Pune's transformation into a biologics and biosimilars hub accelerates with Budget 2026's Biopharma SHAKTI initiative. Experts highlight the city's potential to drive India's global ambitions in complex drug manufacturing.
Pune-Mumbai-Hyderabad High-Speed Rail Corridor Announced
Finance Minister Nirmala Sitharaman announces high-speed railway corridor connecting Pune to Mumbai and Hyderabad in Budget 2026-27, aiming to reduce travel time and ease expressway congestion.
Budget 2026 Reduces Tax Compliance Burden for Taxpayers
The Finance Minister's Union Budget 2026 introduces measures to reduce compliance burden for middle class and senior citizens, decriminalize procedural lapses, and rationalize penalty provisions for taxpayers.
Budget 2026: Sensex Crashes 1,500 Points, Investors Lose Rs 9.4 Lakh Crore
The special Budget-day trading session on Sunday witnessed a historic market crash as the Sensex plunged over 1,500 points following the hike in Securities Transaction Tax on derivatives. Investors suffered a massive loss of Rs 9.4 lakh crore in market ca
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Budget 2026: Rs 4,000 Crore for Self-Reliant India Fund to Aid MSMEs
The Union Budget 2026 allocates Rs 4,000 crore to the Self-Reliant India Fund, strengthening MSMEs that contribute 30% to GDP and 45% to exports, supporting over 32 crore jobs.
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