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Budget

Indian Markets Tumble on Budget Day After STT Hike on Futures and Options Trading

February 1, 2026 4:20 PM

Mumbai: Indian stock markets declined sharply on Budget Day as investors responded negatively to the government’s decision to increase the Securities Transaction Tax (STT) on futures and options trades. The move triggered concerns over higher trading costs and dampened market sentiment. The benchmark indices Sensex and Nifty recorded their biggest Budget-day decline in six years,

Union Budget 2026-27 Highlights: Unveils Major Tax and Trade Reforms to Boost Compliance and Competitiveness

February 1, 2026 3:53 PM

New Delhi: Finance Minister Nirmala Sitharaman’s Union Budget 2026–27 introduces sweeping reforms across customs duties, indirect taxes, and direct tax rationalisation, along with targeted incentives for cooperatives and the IT sector. The measures are designed to simplify compliance, lower tax burdens, and enhance India’s global trade competitiveness. Customs processes are being modernised through digitalisation and

Indian Stock Market Slides Sharply After FM Sitharaman Presents Ninth Straight Union Budget

February 1, 2026 12:51 PM

Mumbai: The Indian stock market witnessed a steep intraday decline on Sunday, February 1, following Finance Minister Nirmala Sitharaman’s presentation of her ninth consecutive Union Budget. Investors reacted to key announcements and fiscal measures outlined in the budget. The Sensex crashed more than 2,300 points from the day’s high, while Nifty slipped over 600 points

Income Tax Act 2025 to Take Effect from April 1, 2026; I-T Forms Simplified for Taxpayers: FM Sitharaman

February 1, 2026 12:38 PM

New Delhi: Finance Minister Nirmala Sitharaman announced on Sunday that the Income Tax Act 2025 will be implemented from April 1, 2026. She added that income tax return forms have been redesigned to make compliance easier for ordinary citizens, aiming to improve ease of living and simplify the filing process. The new measures include exemption

Union Budget 2026-2027: High-Level Banking Reforms Panel to Strengthen Viksit Bharat Vision

February 1, 2026 12:22 PM

New Delhi: Finance Minister Nirmala Sitharaman on Sunday said the government will establish a high-level committee on the banking sector to keep financial reforms on track, sending a strong signal globally about the resilience of India’s financial system and its commitment to the Viksit Bharat vision. This group will review the entire banking system and

FM Nirmala Sitharaman Outlines Three ‘Kartavyas’ to Boost Economy and Empower the Underprivileged

February 1, 2026 11:50 AM

New Delhi: Finance Minister Nirmala Sitharaman on Sunday highlighted three key “Kartavyas” (duties) aimed at accelerating India’s economic growth while ensuring empowerment and support for the poor, underprivileged, and disadvantaged sections of society. Sitharaman said that to deliver on the government’s ‘sankalp’ (resolve) and given that this is the first budget prepared in Kartavya Bhavan,

FM Nirmala Sitharaman Highlights India’s Aatmanirbharta and Economic Stability Amid Global Uncertainties

February 1, 2026 11:36 AM

New Delhi: Finance Minister Nirmala Sitharaman stated on Sunday that the government has maintained self-reliance (Aatmanirbharta) across sectors despite geopolitical uncertainties. She added that India’s economic trajectory remains stable, steering the nation toward the long-term goal of a Viksit Bharat by 2047. Presenting her ninth consecutive Budget, the Finance Minister said the aim is to

Union Budget 2026-27: Leaders Optimistic on Focus for Farmers, Women, and Viksit Bharat Vision

February 1, 2026 11:02 AM

New Delhi: As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2026-27 in Parliament on Sunday, political leaders across India have expressed hope that the budget will benefit farmers, women, and other key segments of society, while strengthening Prime Minister Narendra Modi’s vision of a Viksit Bharat. Uttar Pradesh Deputy Chief Minister Brajesh

Union Budget 2026-27: Focus Likely on Defence, Infra Push, Capex and Affordable Housing Growth

January 31, 2026 4:53 PM

New Delhi: As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2026-27 on February 1, economists expect a strong focus on defence spending, infrastructure expansion, capital expenditure, power sector reforms, and a boost to affordable housing, while maintaining a balance between social welfare commitments and fiscal discipline. Besides, policymakers will also balance growth

Fadnavis Takes Charge of Maharashtra Budget After Ajit Pawar’s Passing to Ensure Stability

January 31, 2026 1:05 PM

Nagpur: Following the sudden leadership vacuum caused by the death of Deputy Chief Minister Ajit Pawar, Maharashtra Chief Minister Devendra Fadnavis took steps on Friday to maintain administrative continuity and political stability in the state. The Chief Minister announced that he would personally take charge of the 2026-27 State Budget, a project Ajit Pawar had

Budget

Indian Markets Tumble on Budget Day After STT Hike on Futures and Options Trading

Union Budget 2026-27 Highlights: Unveils Major Tax and Trade Reforms to Boost Compliance and Competitiveness

Indian Stock Market Slides Sharply After FM Sitharaman Presents Ninth Straight Union Budget

Income Tax Act 2025 to Take Effect from April 1, 2026; I-T Forms Simplified for Taxpayers: FM Sitharaman

Union Budget 2026-2027: High-Level Banking Reforms Panel to Strengthen Viksit Bharat Vision

FM Nirmala Sitharaman Outlines Three ‘Kartavyas’ to Boost Economy and Empower the Underprivileged

FM Nirmala Sitharaman Highlights India’s Aatmanirbharta and Economic Stability Amid Global Uncertainties

Union Budget 2026-27: Leaders Optimistic on Focus for Farmers, Women, and Viksit Bharat Vision

Union Budget 2026-27: Focus Likely on Defence, Infra Push, Capex and Affordable Housing Growth

Fadnavis Takes Charge of Maharashtra Budget After Ajit Pawar’s Passing to Ensure Stability

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