SGB Secondary Buyers Lose Tax Benefit in Budget 2026

Union Budget FY27 proposes removing capital gains tax exemption for sovereign gold bonds purchased from secondary markets. Only primary subscribers holding to maturity retain tax-free status from April 1, 2026.

Non-Veg Food on Vande Bharat Sleeper Trains Announced

Indian Railways will introduce non-vegetarian meal options on Vande Bharat Sleeper trains, as announced by Minister Ashwini Vaishnaw, enhancing passenger dining experiences on the Howrah-Kamakhya route.

Budget Day Market Carnage: BSE 500 Worst Sell-Off Since 2021

Indian stock markets witnessed their most severe budget day sell-off since 2021, with 80% of BSE 500 stocks declining. The carnage was fueled by STT hikes and precious metals crash, erasing gains across all sectors except pharma and textiles.

Budget 2026: Crypto Reporting Penalties Up to Rs 50,000

Union Budget 2026 introduces strict penalties for crypto transaction reporting failures, including daily fines of Rs 200 and penalties up to Rs 50,000 for inaccurate disclosures, signaling government's focus on cryptocurrency regulation.

SME IPOs Dominate Next Week as Mainboard Stays Quiet

The upcoming week starting February 2 will see no major mainboard IPOs, but three SME companies—Grover Jewells, NFP Sampoorna Foods, and Biopol Chemicals—are launching public issues. Additionally, six SME listings are scheduled across BSE SME and NSE SME

Budget 2026: Sitharaman's Announcements in Graphics

Finance Minister Nirmala Sitharaman's Budget 2026 announcements are detailed through comprehensive graphics, highlighting fiscal policies, sectoral allocations, and economic priorities for India's growth trajectory.

Ashneer Grover Calls Budget 2026 'Time Waste'

Entrepreneur Ashneer Grover criticized the Union Budget 2026 as a 'total time waste,' comparing it to his Shark Tank rebukes. The budget faced mixed reactions from politicians and industry leaders.

Industry Leaders Applaud Growth-Oriented Budget and Stability

Prominent industry leaders across sectors have welcomed the latest Union Budget, highlighting its focus on sustainable growth, infrastructure development, and long-term economic stability. The budget's measures are seen as a catalyst for investment and jo

IT Dept: Only F&O STT Rates Hiked, Others Same

The Income Tax Department has clarified that only the Securities Transaction Tax rates for futures and options have been increased, while all other tax rates remain unchanged for now.

TN Minister Slams Union Budget for Ignoring State Demands

Tamil Nadu Finance Minister Thangam Thennarasu has expressed strong disappointment with the Union Budget, stating it overlooks crucial long-standing demands of the state, including financial assistance and infrastructure projects.

Budget 2026: FM Sitharaman Announces TCS Rate Changes

Finance Minister Nirmala Sitharaman's Union Budget 2026-27 proposes significant TCS rate adjustments, including reductions for education, healthcare, and travel, alongside increases for specific goods.

Budget 2026 STT Hike Triggers Market Fall, Mixed Reactions

Finance Minister Nirmala Sitharaman's Budget 2026 proposal to sharply increase Securities Transaction Tax on futures and options transactions triggered a market decline and sparked intense debate among investors and experts.

Budget 2026: Capex Hike, Opposition Criticism, Market Fall

Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27, raising capex to ₹12.2 lakh crore. PM Modi hailed it, while Opposition leaders and industry gave mixed reactions, and stock markets fell sharply.

Budget 2026 Cuts MAT Rate to Drive New Tax Regime

Union Budget 2026 proposes a reduction in the Minimum Alternate Tax rate for companies, aiming to incentivize a shift towards the new simplified tax regime and enhance corporate competitiveness.

Budget 2026: Structural Growth Over Short-Term Gains

Finance Minister Nirmala Sitharaman's ninth consecutive budget emphasizes long-term structural growth, domestic competitiveness, and resilience against geopolitical risks including US trade dynamics.

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