Tag: union budget 2026-27

The Budget and the imperative of fiscal consolidation

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The Budget and the imperative of fiscal consolidation

While presenting the Union Budget 2026-27, a considerable part of the Finance Minister’s Budget speech dealt with the expenditure programmes that will be launched to enable India to become developed by 2047. The emphasis on the advanced technology sectors such as Artificial Intelligence, biopharma, semiconductor and critical minerals among others, is well taken. The concern…

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Budget 2026 Not so poll-driven, but signals focus on global headwinds

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Budget 2026 Not so poll-driven, but signals focus on global headwinds

Union Finance Minister Nirmala Sitharaman addresses a press conference after the presentation of the ‘Union Budget 2026-27’ | Photo Credit: PTI In a year when four States and one Union Territory — Tamil Nadu, Kerala, Assam, West Bengal and Puducherry — are headed for Assembly elections, expectations around the Union Budget, at least in political…

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Budget seeks to attract global business and investment providing fillip to toll manufacturing, MAT exemptions

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Budget seeks to attract global business and investment providing fillip to toll manufacturing, MAT exemptions

Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Seeking to attract global business and investment into India, Union Finance Minister Nirmala Sitharaman in her budget presentation Sunday (February 1, 2026), among other things, providing a fillip to toll manufacturing in the country proposed exempting non-residents from paying income tax for five years….

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Budget focusses on investment as tool for growth; deficit target outlines government’s priority, says Sitharaman

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Budget focusses on investment as tool for growth; deficit target outlines government’s priority, says Sitharaman

File photo of Union Finance Minister Nirmala Sitharaman. | Photo Credit: R.V. Moorthy Finance Minister Nirmala Sitharaman on Monday (February 2, 2026) said the Union Budget for FY27 has focussed on investment as a priority tool for boosting consumption, and the trajectory of fiscal deficit shows that the government’s priority is growth. Interacting with the…

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Union Budget 2026-27: What the new fiscal rule means for growth and spending

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Union Budget 2026-27: What the new fiscal rule means for growth and spending

A woman plants rice saplings in a paddy field in Nagaon on February 1, 2026. | Photo Credit: ANI The direction of fiscal policy is influenced by the nature of fiscal policy rules. The present fiscal policy rule of the Union government is informed by what can be termed as sound finance rules, where the…

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Union Budget 2026-27: Pushing welfare towards the States

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Union Budget 2026-27: Pushing welfare towards the States

Budget 2026-27 for the social sector is unusual, as it does not contain any new flagship schemes, which had become par for the course. Low allocations and spending However, the neglect of the sector in actual allocations continues. Schemes targeted at the most vulnerable sections of the population — children, pregnant women, the aged, single…

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A Budget that underscores credibility and invests for competitiveness

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A Budget that underscores credibility and invests for competitiveness

The Union Budget 2026-27 comes at a moment of unusual global uncertainty, marked by disrupted supply chains, rising resource constraints and fragile multilateralism. Against this backdrop, the Budget makes a clear strategic choice: maintain fiscal discipline while using public investment to strengthen India’s long-term competitiveness and improve ease of living for citizens. Rather than chase…

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Progressive in intent but short on immediate relief: Hyderabadis

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Progressive in intent but short on immediate relief: Hyderabadis

Finance Minister Nirmala Sitharaman shows the digital tablet, enclosed in a traditional red ‘bahi-khata’ style pouch, at the Parliament premises before presenting of the ‘Union Budget 2026-27’, in New Delhi, Sunday, Feb. 1, 2026. | Photo Credit: Ravi Choudhary A year after a Budget that won quick approval for its tax cuts, Union Budget 2026…

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New Income Tax Act will come into effect on April 1, 2026: FM Sitharaman

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New Income Tax Act will come into effect on April 1, 2026: FM Sitharaman

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto During her Union Budget presentation on Sunday (February 1, 2026), Finance Minister Nirmala Sitharaman informed that the new Income Tax, 2025, would come into effect in April this year, with the forms and rules to be notified “shortly” provisioning “adequate time” for taxpayers to acquaint themselves with the requirements.  …

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