Finance Minister Nirmala Sitharaman announces extension of revised ITR filing deadline from Dec 31 to March 31 in Union Budget 2026-27. New Income Tax Act 2025 to take effect from April 2026 with staggered deadlines for different taxpayer categories.
Union Finance Minister Nirmala Sitharaman presented Budget 2026 without income tax rate reductions or slab changes, disappointing salaried and middle-class taxpayers.
Finance Minister Nirmala Sitharaman presented the historic eighth Union Budget for FY26, outlining government income and expenditure plans. This follows the Economic Survey 2024-25 tabled on Friday.
Finance Minister Nirmala Sitharaman announces ₹12.2 lakh crore capital expenditure for FY27, prioritizing infrastructure development in Tier-2/3 cities and domestic manufacturing amid global uncertainty.
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India's federal government announces record ₹17.2 trillion gross borrowing for FY27 with fiscal deficit target of 4.3% of GDP, aiming to reduce debt-to-GDP ratio to 55.6%.
Step-by-step instructions for accessing and downloading the Union Budget 2026 PDF, Economic Survey, and other official documents from government portals.
Finance Minister Nirmala Sitharaman has proposed an increase in taxes on alcoholic beverages in the Union Budget 2026, making alcohol more expensive across India.
Oracle reportedly plans 20,000-30,000 job cuts to fund its expensive AI data center expansion for OpenAI, facing $100B+ debt and US bank financing challenges.
Finance Minister Nirmala Sitharaman announces ₹10,000 crore Growth Fund for MSMEs in Budget 2026 to counter global trade uncertainty and tariff risks while boosting domestic manufacturing.
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Finance Minister Nirmala Sitharaman presents Union Budget 2026 with major tax reforms including simplified rules, redesigned forms, extended deadlines, and reduced TCS rates for easier compliance.
Union Finance Minister Nirmala Sitharaman announced a nearly 9% increase in capital expenditure to Rs 12.2 lakh crore for FY 2026-27, emphasizing infrastructure-led growth under the 'future-ready Bharat' initiative.
Shares of major Indian pharmaceutical and healthcare companies, including Mankind Pharma, Dr Reddy's Laboratories, Max Healthcare, and Apollo Hospitals, surged following Finance Minister Nirmala Sitharaman's Union Budget 2026 announcements, which included
The Income Tax Act, 2025, will replace the six-decade-old tax law from April 1, 2026, incorporating Union Budget 2026-27 changes for a modernized tax system.
Finance Minister Nirmala Sitharaman announces a one-time foreign asset disclosure scheme for students, tech professionals, and NRIs in Union Budget 2026 to enhance financial transparency.
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Finance Minister Nirmala Sitharaman announces restructuring of Power Finance Corp and REC Ltd in Budget 2026-27 to strengthen public-sector NBFCs and support India's energy transition.
Finance Minister Nirmala Sitharaman's Budget 2026 proposal allows foreign individuals direct access to Indian stocks, raising individual limits from 5% to 10% and aggregate caps from 10% to 24% to boost market participation.
Finance Minister Nirmala Sitharaman's Budget 2026 proposes increasing Security Transaction Tax on futures and options trading, causing significant declines in key financial stocks.
Finance Minister Nirmala Sitharaman's decision to increase Securities Transaction Tax on futures and options contracts has led to a significant market correction, with brokerage stocks like BSE, Angel One, and Groww plummeting up to 10%.
Indian stock markets witnessed a sharp decline with Sensex falling 850 points and Nifty 50 nearing 25,000 amid budget and STT announcements. Key stocks like HDFC Bank, Reliance, TCS, Infosys, and HUL were impacted.
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Finance Minister Nirmala Sitharaman announced 10 major tourism initiatives in the Union Budget 2026, focusing on infrastructure, spiritual circuits, and sustainable development to boost India's travel sector.
Finance Minister Nirmala Sitharaman announces a scheme to establish five regional medical hubs in the Union Budget 2026, aiming to boost medical tourism and integrated healthcare.
Electronics Manufacturing Services (EMS) stocks like Syrma SGS Tech and Amber Enterprises rallied up to 7% after Finance Minister Nirmala Sitharaman announced India Semiconductor Mission 2.0 with ₹40,000 crore outlay in Budget 2026.
Finance Minister Nirmala Sitharaman announced taxpayer-friendly measures in FY27 Budget including automated scheme for small taxpayers, reduced TCS rates on overseas expenses, and extended return filing deadlines.
Finance Minister Nirmala Sitharaman's Union Budget 2026-27 introduces an Infrastructure Risk Guarantee Fund to boost real estate, emphasizes affordable housing, and focuses development on Tier 1 and Tier 2 cities for balanced growth.
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In the Union Budget 2026, the government has proposed an additional Rs 4,000 crore infusion into the Self Reliant India Fund to support MSMEs, building on the initial Rs 50,000 crore equity funding announced in 2023 for growth-oriented small businesses.
The Indian government's Budget 2026 proposes reducing the Tax Collected at Source rate for remittances made for pursuing education abroad, easing financial burden on students.
Finance Minister Nirmala Sitharaman has announced an extension for filing revised Income Tax Returns until March 31, providing significant relief to taxpayers in the Union Budget.
Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27, focusing on economic growth, infrastructure, and social welfare. Key announcements include tax reforms, increased allocations for healthcare and education, and new initiatives for far
The Union Budget 2026 introduces major relief for accident victims by exempting MACT interest from income tax and scrapping TDS on such payments, simplifying compensation claims.
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Finance Minister Nirmala Sitharaman announced the fiscal deficit target for FY27 at 4.3% of GDP, a reduction from the FY26 estimate, signaling continued fiscal consolidation.
