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The article outlines India’s Union Budget 2026-27 preparations led by the finance minister, noting the absence of a dedicated finance secretary and detailing new appointments across CBDT, CBIC, DIPAM and related economic divisions. It covers budget oversight, revenue, expenditure and implementation coordination within the ministry.
India’s Union Budget 2026-27 will be presented by Finance Minister Nirmala Sitharaman on February 1, 2026—a Sunday—for the first time in history, as approved by the Cabinet Committee on Parliamentary Affairs chaired by Rajnath Singh. This marks her ninth consecutive budget, the 80th since Independence. The session begins with the President’s address on January 28, followed by the Economic Survey o
The article assesses India’s 2026 budget focus on personal tax changes, including inflation-aligned exemptions, potential 80C and 80D limit adjustments, and a move toward simpler taxation in a dual regime. It discusses LTCG considerations and implications for middle-class savers and investors.
Homebuyers seek Budget 2026 reforms like raising Section 24(b) interest deductions to Rs 5 lakh, reinstating Rs 50,000 perks under Section 80EEA for first-timers (extending to new tax regime), in the upcoming budget.
IT filers expect Budget 2026 to introduce a real-time refund tracker on the ITR portal. This Amazon-style dashboard would provide live updates, reduce taxpayer anxiety, and resolve refund-related grievances efficiently.
Prime Minister Narendra Modi is scheduled to consult leading economists, sectoral experts, and NITI Aayog members including Vice Chairman Suman Bery and CEO B.V.R. Subrahmanyam on December 30, 2025, to gather insights for the upcoming Union Budget. Finance Minister Nirmala Sitharaman will present the 2026-27 Budget on February 1 amid global geopolitical challenges and potential 50% US tariffs on I
India’s Union Budget 2026-27 is expected on Sunday, February 1, if conventions hold, as the date falls on weekend—continuing practice since 2017 for timely approval before April 1 fiscal start. Parliamentary Affairs Minister Kiren Rijiju confirmed no final decision yet, with Cabinet Committee to decide. Pre-2017 budgets were on last February working day with vote-on-account. Sunday sittings have h
Budget 2026 is set to unveil a ₹10,000 crore five-year incentive under Drone Shakti to propel India’s civilian drone production as a global hub. Featuring two-tier subsidies—10-15% on capital expenditure for factories and another 10-15% on output—the scheme differs from existing PLI by emphasizing investment and scale-building. Finance ministry has cleared it in principle, aiming to make local dro
Ahead of Union Budget 2026 on February 1, Finance Minister Nirmala Sitharaman held pre-budget talks with stock market players, startups and manufacturers on November 18, 2025. Key demands include sharp reduction in Securities Transaction Tax (STT), rollback of harsh buyback tax introduced in October 2024 (now taxing investors up to 30%), deeper corporate bond market development.
