Budget 2026: TCS Cut to 2% for Education, Medical & Travel
Union Budget 2026-27 reduces TCS rates for self-funded education, medical purposes, and overseas tour packages from 5% to 2% under LRS. Other remittances remain at 20%.
Category : Business
Kolkata Leather Sector Welcomes Union Budget 2026-27 Measures
Kolkata's leather goods manufacturers welcome Union Budget 2026-27 measures allowing duty-free imports for shoe uppers and extending export timelines, providing relief amid high costs and US tariffs.
Capgemini Divests US Unit Over ICE Contract Scrutiny
French IT giant Capgemini announces sale of US subsidiary Capgemini Government Solutions following criticism over contracts with US Immigration and Customs Enforcement (ICE).
Budget 2026: Capex, Reforms & Rupee Defence Take Priority
Finance Minister Nirmala Sitharaman's Union Budget 2026 prioritizes capital expenditure, structural reforms, and rupee defense over populist measures. Key announcements include a comprehensive FEMA review to attract foreign investment.
New Dedicated Freight Corridor Dankuni-Surat Announced
Union Finance Minister Nirmala Sitharaman announced a 2,052km dedicated freight corridor connecting Dankuni in West Bengal to Surat in Gujarat during the 2026-27 budget speech, aiming to boost economic activity across six states.
Cigarette Tax Hikes Halt Tobacco Auctions in Karnataka
The Federation of All India Farmer Associations warns that steep tax increases on cigarettes have stopped tobacco auctions at 10 Karnataka platforms, causing farmer distress and threatening Andhra Pradesh.
AP Chambers on Budget: Growth Focus, Polavaram Disappointment
AP Chambers of Commerce president Potluri Bhaskar Rao praised the Union Budget 2026-27 as growth-oriented with SME support but expressed disappointment over inadequate funding for Polavaram and Amaravati projects.
Budget 2026 Lacks Farm Import Substitution: Gunbir Singh
Former CII Punjab chairman Gunbir Singh criticizes Union Budget 2026-27 for missing farm-based import substitution efforts and employment generation measures while acknowledging some positives.
Telangana Power Discoms in Financial Crisis: 9% of National Losses
Telangana's power distribution companies face severe financial stress with ₹46,127 crore debt, contributing 9% to national discom losses. State ranks among top subsidy providers with ₹16,016 crore in power subsidies.
Old Mysuru's Mixed Response to Union Budget 2026-27
Union Finance Minister Nirmala Sitharaman's 9th budget receives both praise and criticism in Karnataka's Old Mysuru region, with industry bodies welcoming MSME focus while opposition leaders decry neglect of agriculture and social justice.
Budget 2026: Fiscal Prudence Over Poll Sops, Jobs & Growth Focus
Finance Minister Nirmala Sitharaman's Union Budget 2026 emphasizes fiscal prudence, job creation, and economic growth, resisting populist measures while championing self-reliance through exports and long-term investments.
Budget 2026: STT Hike, Women's Safety Draw Flak
Union Budget 2026 faces backlash from traders, FIIs, and women's groups over increased STT and insufficient safety measures. Experts warn of reduced market attractiveness.
Varanasi Reacts to Union Budget 2026-27: Mixed Views Emerge
The Union Budget 2026-27 announced on Sunday has evoked diverse reactions from stakeholders in Varanasi. While some praise its focus on global markets and Make in India, others express concerns about inadequate support for MSMEs and tourism sectors.
Telangana's High Subsidy Spending Flagged by Finance Commission
The 16th Finance Commission report highlights Telangana as a top subsidy-spending state with mounting debt, despite having India's highest per capita income among large states.
Budget 2026-27: Pune's Income Groups React to Fiscal Policies
Union Budget 2026-27 elicits varied responses from Pune's professionals, students, and entrepreneurs, highlighting fractures within India's middle and upper classes regarding taxation, investments, and sectoral support.
Pune Industry Welcomes MSME Equity Fund in Budget 2026-27
Pune's industrial leaders welcome Union Budget 2026-27's Rs 10,000 crore SME Growth Fund and TReDS mandate for MSMEs, while calling for stronger AI adoption and export promotion measures.
Budget 2026: Fiscal Continuity Over Transformative Change
The Union Budget 2026 presented by Finance Minister Nirmala Sitharaman emphasizes fiscal restraint and continuity rather than ambitious reforms, sparking debate about its cautious approach to economic policy.
Budget 2026: Why Steady Growth Didn't Spur Bolder Moves
An examination of Nirmala Sitharaman's ninth Budget reveals cautious optimism despite projections of sustained 7%+ GDP growth and low inflation, raising questions about fiscal strategy amid global uncertainties.
Bihar Reacts to Budget 2026: Mixed Business Views
Bihar's business community shows divided reactions to Union Budget 2026-27. While praising national MSME and infrastructure focus, leaders express disappointment over lack of targeted support for the state's development needs.
Budget 2026: Political Signals and State Allocations
Finance Minister Nirmala Sitharaman's Budget 2026-27 avoids direct freebies for poll-bound states while offering strategic schemes. Analysis of political implications and taxpayer relief measures.
RBI Das's 'Boring' Policy: Prudence or Missed Chance?
RBI Governor Shaktikanta Das defends his steady monetary policy approach as 'boring but good,' sparking debate among economists on whether India needs more aggressive reforms or stability.
Budget 2026: Cautious, Lacks Major Reforms
The Union Budget 2026 maintains fiscal prudence and focuses on skilling but falls short of significant reforms to boost private sector investment, according to analysis.
India's Budget FY27 Adopts Debt-to-GDP Fiscal Framework
India's Union Budget for FY27 transitions from fiscal deficit focus to a debt-to-GDP regime, aiming for 50% debt ratio by FY31 to absorb global shocks while maintaining consolidation.
India-EU FTA: Gateway to European Market & Talent Boost
The India-EU Free Trade Agreement signed this week offers duty-free access, boosts exports from states like Odisha, and creates pathways for Indian professionals in Europe.
Bihar Industries Disappointed Over Union Budget 2026
Bihar's industrial sector expresses disappointment over Union Budget 2026's absence of state-specific measures, though acknowledging broader national benefits. Industry leaders highlight missed opportunities for development boost.
Belagavi Farmer's Grand Buffalo Birthday Celebration
A young farmer from Chikalwal village in Belagavi district celebrated his prized crossbred buffalo's first birthday with a 10-kg cake, feast for 300, and bhajana program, marking a unique agricultural achievement.
Belagavi Business Community Responds to Budget 2026
Belagavi's industrial and commerce fraternity shares mixed reactions to Union Budget 2026, highlighting opportunities in MSME support and infrastructure while expressing concerns about implementation and regional disparities.
Patna Experts, Traders Disappointed with Union Budget 2026
Economic experts and roadside traders in Patna express unanimous disappointment over the Union Budget 2026-27, noting the absence of Bihar-specific announcements and eye-catching provisions for the state.
Patna Airport Fully Operationalizes All Five Aerobridges
Jayprakash Narayan International Airport in Patna has successfully commissioned all five passenger boarding bridges at its new terminal, enhancing passenger experience and operational efficiency.
NBFCs Merger to Enhance Capital, Finance Projects: DFS Secretary
The merger of NBFCs will strengthen capital adequacy and enable financing for multiple infrastructure projects, according to DFS Secretary Vivek Joshi.
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