Daily Headlinez Top News Updates
The government is likely to peg the fiscal deficit at 4.3 per cent of GDP in the next financial year beginning April 2026, while continuing with double-digit growth in capital expenditure, rating agency ICRA said in its pre-Budget expectations on Friday.ICRA said it expects a shortfall of about Rs 1.3 lakh crore in net tax…
AI generated representative image In a rare departure from the trading calendar, stocks markets will remain open on Sunday, February 1, after the BSE and NSE announced special full-day sessions to allow investors to react immediately to the presentation of the Union Budget for 2026-27 by Finance Minister Nirmala Sitharaman.Both the BSE and the NSE…
Current provisions permit filing of modified returns following a business reorganisation only where the original return has already been filed before the reorganisation order. By Shaily Gupta and Aanchal Jain As the Union Budget 2026 approaches, expectations are running high across corporate India. This year’s budget assumes added significance as it precedes the implementation of…
As of April 1, 2025, nearly 5.4 lakh appeals were pending before the Commissioner of Income-tax (Appeals). (AI image) As the Union Budget 2026 draws closer, industry bodies and tax professionals are urging the government to shift part of its reform focus from tax rate rationalisation to the far more structural problem of long-pending direct…
Real estate developers in Kolkata have urged the Centre to use the Union Budget to recalibrate housing policies to reflect rising land and construction costs, calling for higher tax benefits for homebuyers and a long-pending revision of the affordable housing definition to revive demand, especially in the mid-income segment, PTI reported.With the Budget set to…
The upcoming Union Budget offers a moment to consider how crypto taxation can better align incentives with outcomes. By Nischal ShettyCrypto taxation in India was introduced at a moment when digital assets were gaining rapid adoption, but regulatory clarity was still evolving globally. In the Union Budget of 2022, the government implemented a flat 30…
Union Budget 2026 is set to be presented on Sunday, February 1 and the startup ecosystem has laid out a clear set of expectations, calling for policy measures that prioritise early-stage survival, easier financing and simpler regulatory processes. Founders across sectors highlighted that although multiple government schemes exist to support entrepreneurship, young startups continue to…
For a “Viksit Bharat” to endure, national success must be measured by the financial resilience of Indian families. (AI image) By Sumit Madan The Union Budget 2026 arrives at a defining juncture of India’s ascent, where progress must be measured not merely by the velocity of our growth, but by the resilience of the nation’s…
Finance Minister Nirmala Sitharaman is likely to present the Union Budget 2026 on February 1, which falls on Sunday, marking a significant milestone as she delivers her ninth consecutive Budget. This will be the second full Budget of the Modi 3.0 government, following the first full Budget presented in 2025.Notably, Budget used to presented on…
For the Union Budget 2026, the government may be considering women-centric financial measures, with a focus on strengthening credit and insurance access through Jan Dhan accounts, as part of its wider push towards universal financial inclusion. Alongside this, the government is also considering suggestions to widen the scope of the Jan Suraksha schemes and provide…
