Tag: Union Budget 2026

Union Budget 2026: Activists slam allocation for rural jobs schemes

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Union Budget 2026: Activists slam allocation for rural jobs schemes

The Budget has earmarked ₹95,692.31 crore for VB‑GRAMG and ₹30,000 crore for MGNREGS. File | Photo Credit: RAO GN Civil society groups and rural employment activists have criticised the Union Budget’s allocations for rural job schemes, alleging that the government has offered little clarity on the transition from the Mahatma Gandhi National Rural Employment Guarantee…

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Rise in southern States’ share in devolution of funds provides no relief to Tamil Nadu

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Rise in southern States’ share in devolution of funds provides no relief to Tamil Nadu

People watch the Union Budget 2026-27 being presented by Union Finance Minsiter Nirmala Sitharaman on February 1, 2026. Veteran experts in public finances say Tamil Nadu has got virtually nothing extra. | Photo Credit: The Hindu Despite five southern States being assigned a collectively higher share under the vertical distribution scheme of the 16th Finance…

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Watch: Union Budget 2026 | Key takeaways

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Watch: Union Budget 2026 | Key takeaways

Finance Minister Nirmala Sitharaman on Sunday (February 1, 2026) announced a slew of measures to boost manufacturing, a tax holiday for global data centres, and incentives for the agriculture and tourism sectors as she unveiled a ₹53.5 lakh crore Budget seen as a long-term blueprint for sustaining growth amid rising global risks. Edit: Naveen Published…

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Government proposes to exempt award given by Motor Accident Claims Tribunal from income tax

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Government proposes to exempt award given by Motor Accident Claims Tribunal from income tax

Finance Minister Nirmala Sitahraman on Sunday (February 1, 2026) proposed a tax exemption on awards given by the Motor Accident Claims Tribunal in the Union Budget 2026-27. According to the Budget document, the provisions of the Motor Vehicles Act, 1988, inter alia, provide for compensation and an interest on the compensation to be awarded by…

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India’s Budget advances critical reforms across customs and strategic sectors that boost investment: USISPF

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India’s Budget advances critical reforms across customs and strategic sectors that boost investment: USISPF

The U.S.-India Strategic Partnership Forum (USISPF) has welcomed the Union Budget 2026-27, saying its focus on technology-driven reforms, sectoral competitiveness and trade facilitation enhances the country’s attractiveness as a global investment destination. Minister of Finance and Corporate Affairs Nirmala Sitharaman presented the Union Budget on Sunday (February 1, 2026). Also Read: Union Budget 2026-27 |…

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Some Assumptions Make No Sense

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Budget 2026: Finance Minister Nirmala Sitharaman unveiled Modi 3.0’s Budget 2026 on Sunday, Feb. 1 with India Inc calling it a ‘non-event’ afetr no major announcements were made for income tax slabs or sector-specific allocations. According to Neelkanth Mishra, Chief Economist and Head-Global Research of Axis Bank, some of the macroeconomic and fiscal projections made in Budget…

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India’s Budget advances critical reforms across customs and strategic sectors that boost investment: USISPF

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India’s Budget advances critical reforms across customs and strategic sectors that boost investment: USISPF

The U.S.-India Strategic Partnership Forum (USISPF) has welcomed the Union Budget 2026-27, saying its focus on technology-driven reforms, sectoral competitiveness and trade facilitation enhances the country’s attractiveness as a global investment destination. Minister of Finance and Corporate Affairs Nirmala Sitharaman presented the Union Budget on Sunday (February 1, 2026). Also Read: Union Budget 2026-27 |…

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Watch: No specific giveaways for poll-bound states in Budget 2026 — The Hindu Reporters Explain

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Watch: No specific giveaways for poll-bound states in Budget 2026 — The Hindu Reporters Explain

With Assembly elections months away, expectations were high that the Union Budget would include special schemes or targeted allocations for these poll-bound Kerala, Tamil Nadu, West Bengal, Assam, and the Union Territory of Puducherry . But in her Budget speech, Finance Minister Nirmala Sitharaman avoided election-specific announcements, sticking instead to broader national priorities and fiscal…

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Union Budget 2026: VB-G RAM G gets ₹95,692.31 crore; experts warn it falls far short of allocation needed to guarantee 125 workdays

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Union Budget 2026: VB-G RAM G gets ₹95,692.31 crore; experts warn it falls far short of allocation needed to guarantee 125 workdays

The VB–G RAM G Act replaces the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005. File | Photo Credit: The Hindu The budget for rural employment schemes saw a 43% hike, with allocation of ₹95,692.31 crore to the new rural employment scheme under the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB–G RAM G)…

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