Tag: Nirmala Sitharaman

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Posted in Economy

16th Finance Commission keeps states’ tax share at 41%

The sixteenth Finance Commission recommended end of revenue deficit grant for the states, retaining state’s share in the divisible tax pool at 41% for the…

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Posted in Economy

Budget 2026: Customs levy on personal imports halved to 10%; high-end electronic goods, apparel may see lower landed costs

Indian consumers shopping directly from global ecommerce platforms are set to get some relief at a time when the rupee is falling, as the budget…

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Union Budget 2026: Parliament gets an allocation of Rs 1,492

New Delhi: The Union Budget presented by Finance Minister Nirmala Sitharaman on Sunday has allocated Rs 1,492 crore for the functioning of both Houses of…

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Union Budget 2026 boosts skilling drive, ministry allocation sees sharp rise

The Union Budget 2026–27 presented by Finance Minister Nirmala Sitharaman on Sunday has delivered a major boost to India’s skilling ecosystem. The Centre proposed an…

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Deepak Shenoy is the CEO of Capitalmind AMC. (X/@deepakshenoy)
Posted in Business

‘Holy moly!’: Bengaluru CEO reacts to Budget 2026 announcement on Sovereign Gold Bonds (SGB)

Union Finance Minister Nirmala Sitharaman on Sunday announced in her Budget 2026 speech that an exemption from capital gains for Sovereign Gold Bonds (SGBs) will…

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Earlier, the Finance Minister of India, Nirmala Sitharaman, proposed introducing a dedicated  ₹10,000-crore SME growth fund to create future jobs and incentivise enterprises based on select criteria. (Sansad TV/ANI Video Grab)
Posted in Business

Nirmala Sitharaman proposes a ₹100 crore incentive for single bond issuance of more than 1000 crore| Business News

During the presentation of the Union Budget 26-27, the Finance Minister, Nirmala Sitharaman, proposed to introduce a market-making framework with suitable access to funds and…

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Budget 2026: Foreign companies to get tax-free ride till 2047 for betting on India’s data centres

Finance Minister Nirmala Sitharaman on Sunday proposed a tax holiday until 2047 for foreign companies providing cloud services to customers globally, provided they use data…

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Nirmala Sitharaman is displayed on a screen outside the Bombay Stock Exchange (BSE) ahead of her budget speech (REUTERS)
Posted in Business

Sensex crashes after Nirmala Sitharaman’s derivative announcement in Budget 2026| Business News

Both Sensex and Nifty crashed after finance minister Nirmala Sitharaman’s Budget presentation on Sunday. As of 12:37 pm, Sensex crashed 1,521 points to 81,048.69 and…

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Union Budget: Finance Minister Nirmala Sitharaman presents the 'Union Budget 2026-27' in the Lok Sabha, in New Delhi. (Sansad TV via PTI Photo)
Posted in Business

What gets cheaper and what’s costlier after Budget 2026| Business News

In the Union Budget 2026-2027 speech, Finance Minister Nirmala Sitharaman made a push for ‘Aatmanirbhar Bharat’, making a series of announcements expected to boost the…

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Finance Minister Nirmala Sitharaman presents the 'Union Budget 2026-27' in the Lok Sabha, in New Delhi, Sunday, Feb. 1, 2026. (Sansad TV via PTI Photo) (Sansad TV)
Posted in Business

A list of changes made in the tax laws in Union Budget 2026-2027| Business News

Finance minister Nirmala Sitharaman on Sunday presented her ninth consecutive budget on Sunday, unveiling a series of reforms and easing of tax rules for the…

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