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Commerce and Industry Minister Piyush Goyal called the Union Budget 2026-27 “fabulous” and said that it would prepare Indians to grasp the opportunities that the future will present. The commerce minister said that it was reflective of the speed of change and the comprehensive nature of work being done by new India to face the…
Read More “Budget 2026 Shows Our ‘Reforms Express’ Powers On: Piyush Goyal To NDTV” »
India should become a “major AI hub” in coming years, and Indian IT sector’s pivot towards artificial intelligence will be crucial towards this, Union IT and Electronics Minister Ashwini Vaishnaw said on Sunday, hours after the Budget 2026-27 unveiled the launch of India Semiconductor Mission (ISM) 2.0. The ISM 2.0 has been launched to produce equipment…
Read More “India Should Become ‘Major AI Hub’, IT Sector’s Pivot Crucial, Says Ashwini Vaishnaw” »
Union Budget 2026 has tints of adventure in it as it not only introduced the standard segments of the economy like manufacturing, personal finance and markets but also incorporated proposals regarding trekking trails, the feline family and turtles. Finance Minister Nirmala Sitharaman recognised that the tourism sector has the potential to play a large role…
Read More “Budget 2026’s Unusual Bet On Adventure Tourism” »
NDTV Profit brings you all the latest numbers from January auto sales. Source link
Finance Minister Nirmala Sitharaman has announced no changes to the existing income tax slabs while presenting the Union Budget on Feb. 1, 2026. However, the Finance Minister announced some key proposals and changes pertaining to direct taxes including an extension of filing revised income tax returns. “I propose to extend time available for revising returns…
Read More “New Income Tax Slabs? Check Key Takeaways, Details & More” »
Undeclared cryptocurrency assets will now attract a penalty of Rs 200 per day, as per Section 509 of Income Tax Act 2025. Also, a penalty of Rs 50,000 will be levied for furnishing inaccurate particulars and failure to correct such inaccuracy. The new act will come into effect from April 1, 2026 onwards, replacing the existing…
India expects to receive a record 3.16 trillion rupees ($34.4 billion) in dividends from its central bank and state-owned financial institutions in the fiscal year starting in April, according to budget documents tabled in the Parliament on Sunday. That would mark about a 3.6% rise from the current financial year’s revised budget estimate of 3.05…
Read More “Government Expects Another Record Dividend Payout From RBI” »
Union Finance Minister Nirmala Sitharaman announced on Sunday that India would host the first ever Global Big Cat Summit this year. The International Big Cat Alliance, which was established in 2024, is a treaty-based intergovernmental international organisation with headquarters in India. “This year, India is hosting the first ever Global Big Cat Summi, where heads…
Read More “India to Host First-Ever Global Big Cat Summit — All You Need To Know” »
The Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman on Sunday, estimates a total expenditure of Rs 53.5 lakh crore and sets a gross revenue target of Rs 44.04 lakh crore. In the Budget documents, the Centre has detailed the proportionate breakdown of the various taxes it levies to accumulate the funds required to execute…
Read More “Where Does The Money Go? Budget 2026 Explains How Every Rupee Is Earned And Spent” »
Railway stocks traded higher after Finance Minister Nirmala Sitharaman announced plans to develop seven high-speed rail corridors to act as key growth connectors between major cities in the Union Budget. The proposed corridors include Mumbai–Pune, Hyderabad–Pune, Hyderabad–Bengaluru, Chennai–Bengaluru, Delhi–Varanasi and Varanasi–Siliguri, aimed at improving inter-city connectivity, reducing travel time and supporting economic activity along key…
Read More “Seven High-Speed Rail Corridors Announced; Railway Stocks Rally” »