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Union finance minister Nirmala Sitharaman is set to present Budget 2026 for the ninth consecutive time and everyone is wondering what her red bahikhata might just be holding for the public. Expectations are high among taxpayers, businesses and other stakeholders, but many are not aware of what goes in making a Budget. The basic groundwork…
NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday, January 27, participated in the traditional Halwa Ceremony, marking the start of the final phase of preparations for the Union Budget 2026–27, scheduled to be presented on February 1.The ceremony was held at the Budget Press in North Block, New Delhi.At the ceremony, Sitharaman was accompanied by…
File photo: Union finance minister Nirmala Sitharaman Finance minister Nirmala Sitharaman is set to present her ninth consecutive Union Budget on February 1, with expectations centred on tax reforms, a revamp of the customs duty structure and measures to support economic growth amid heightened geopolitical uncertainty. The Budget is also expected to outline a clear…
Old vs New Income Tax Regime (AI image) Each year the Budget speech is eagerly watched and listened to by the common man and middle class taxpayers, seeking answer to a simple query: will my tax burden reduce this year? Even finance ministers presenting the Budget are aware of the populist impact of their speech,…
Each year, the Union Budget draws the nation’s attention as it defines the country’s economic direction for the new financial year. As Finance Minister wields the fiscal scalpel, focussed on tax rates, rebalancing expenditure, and setting priorities, every Indian household, business and policymaker watches keenly to understand what they will gain or lose.Past budgets have…
(AI image generated using ChatGPT) The date for the presentation of the Union Budget is drawing closer and everyone is speculating what Nirmala Sitharaman‘s bahikhata might just be holding. More than just a government financial statement, the event is a roadmap for taxation, spending and public policy that influences how the economy performs over the…
Budget to presented on February 1 (Image credit: IANS) State leaders met with finance minister Nirmala Sitharaman on Saturday for pre-budget discussions, where they reportedly asked for increased financial support for capital investments and compensation for GST revenue losses. The states also asked for more funding for urban and rural development, housing programs, and disaster…
As part of a wider overhaul, the government is also looking to revisit and recalibrate the duty structure governing transactions between special economic zones. (AI image) Budget 2026: The Narendra Modi government is looking to revamp the customs duty slabs and tariff structure in the Union Budget 2026. FM Nirmala Sitharaman is expected to present…
NEW DELHI: Finance minister Nirmala Sitharaman, who is due to present a record ninth consecutive budget, is working with a team of officials which is a mix of experience and fresh faces.It is likely that for the first time in recent years, she will not have a finance secretary, a first among equals, leaving it…
NEW DELHI: The Parliament on Wednesday cleared the new insurance bill that allows 100% FDI. The “Sabka Bima Sabki Raksha Bill” was passed in Rajya Sabha, a day after getting Lok Sabha’s nod. This comes despite several Rajya Sabha opposition members’ demands that it’s referred to a Parliamentary committee fir further scrutiny. The members also…
