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Budgets are usually judged the way exam papers are: marks for effort, grace marks for intent and a generous curve for political difficulty. But this year’s Budget deserves to be read differently; not as an annual fiscal statement but as the first operational document of a longer constitutional cycle that began with the 16th Finance…

NEW DELHI: Union finance minister Nirmala Sitharaman announced the plans to set up a new unit for the National Institute for Mental Health and Neuro Sciences in North India. Acknowledging the lack of mental health institutions in the region, she also announced the national mental health institutes in Jharkhand’s Ranchi and Assam’s Tezpur shall also…

The govt has planned SHE Marts after the success of Lakhpati Didi scheme. NEW DELHI: Union finance minister Nirmala Sitharaman, while presenting the Budget in Parliament on Sunday, announced a series of measures aimed at boosting women entrepreneurship, building on the success of Lakhpati Didi scheme.She said Self-Help Entrepreneurs (SHE) will be established as community-owned…

In the Union Budget 2026, the Section 87A tax rebate, given in Income Tax,remain unchanged, disappointing taxpayers who had hoped for an increase to boost consumption and ease the burden on middle-income individuals. Thus, like for FY 2025-26, under the new tax regime, resident individuals with net taxable income up to Rs 12 lakh can…

NEW DELHI: Congress MP Shashi Tharoor on Sunday launched a scathing attack on the Union Budget 2026–27, claiming the finance minister’s speech was “fairly short” and “lacking specifics”. He said the budget offered little reassurance to the middle and lower-middle classes, further accusing the government of missing Kerala from the budget address.Speaking to news agency…

Union finance minister Nirmala Sitharaman on Sunday announced a tax holiday till 2047 for foreign companies providing cloud services globally using data centres located in India, signalling a major push to strengthen the country’s digital infrastructure.Presenting the Union Budget for FY 2026-27 Sitharaman said, “I propose to provide tax holiday till 2047 to any foreign…

File photo: Union finance minister Nirmala Sitharaman Union finance minister Nirmala Sitharaman on Sunday presented her ninth consecutive Union Budget speech in the Lok Sabha, clocking a duration of 1 hour and 25 minutes. The speech laid out the government’s fiscal roadmap for 2026‑27, covering spending plans, tax proposals, and policy priorities, marking one of…

Stock market crash after Budget 2026 speech Stock market crash after Budget 2026 speech: Finance Minister Nirmala Sitharaman‘s Union Budget speech has spooked stock markets, with both Nifty50 and BSE Sensex, crashing over 1% in the special trading session being held. While Nifty50 went below 25,000, BSE Sensex tanked over 1,600 points before recovering. Investors…

NEW DELHI: The Union Budget 2026 announced the launch of a new initiative in the name of Mahatma Gandhi days after it came under flak for its decision to change the name of MNREGA (Mahatma Gandhi Rural Employment Guarantee Act) to VB-G RAM G (Viksit Bharat Guarantee for Employment and Livelihood Mission (Rural) Bill).The Union…