Union Budget News

FM Sitharaman Chairs Pre-Budget 2026-27 Consultations with States and UTs

12 January 2026 at 07:01

Finance Minister Nirmala Sitharaman chaired pre-Budget 2026-27 consultations with States and UTs, focusing on capital investment support and continuation of the SASCI scheme.

Posted in Union Budget | 1026 Views

Customs Duty Amnesty, Rate Rationalisation Likely on Budget 2026-27 Wishlist

12 January 2026 at 07:01

Industry seeks a customs duty amnesty in Budget 2026-27 as ₹1.52 lakh crore remains locked in litigation, alongside calls for tariff rationalisation, correction of inverted duty structures due to FTAs and faster customs clearances.

Posted in Union Budget | 1029 Views

Budget 2026: MSMEs Flag GST 2.0 Fallout, Trump Tariffs and Credit Crunch

10 January 2026 at 07:05

MSMEs urge Budget 2026 to fix GST 2.0 inverted duty issues, ease compliance, boost credit access and shield exporters from US tariff shocks.

Posted in Union Budget | 1050 Views

ICAI Proposes Higher Surcharge Limit, Disability Deductions, Joint Taxation for Couples Ahead of Budget 2026

10 January 2026 at 07:05

Ahead of the Union Budget, ICAI has sought changes in the default tax regime, including health insurance deductions, higher surcharge thresholds and joint taxation for couples.

Posted in Union Budget | 1140 Views

Union Budget 2026: New Faces in Finance Ministry, Work Continues Without Finance Secretary

09 January 2026 at 07:18

As India prepares for Union Budget 2026, the Finance Ministry sees multiple new secretaries while Budget work progresses normally despite no designated Finance Secretary.

Posted in Union Budget | 1248 Views

Union Budget 2026-27: Industry Bodies Seek Targeted Credit Relief for MSMEs

06 January 2026 at 06:57

Industry bodies WTC Mumbai and AIAI urge the government to announce targeted MSME measures in Union Budget 2026-27, focusing on affordable credit, GST-linked financing and export support.

Posted in Union Budget | 1077 Views

Budget 2026 May Address Section 87A Rebate Loss for Small Investors with Capital Gains

06 January 2026 at 06:57

Ahead of Budget 2026, BCCI flags a tax anomaly where small taxpayers lose Section 87A rebate due to capital gains under Sections 111A and 112.

Posted in Union Budget | 1683 Views

Union Budget 2026-27: Finance Ministry Invites Public Suggestions, Deadline January 16

24 December 2025 at 06:47

he Finance Ministry has invited citizens to submit suggestions for the Union Budget 2026-27 through MyGov. Inputs can be shared till January 16. Budget likely on Feb 1.

Posted in Union Budget | 1122 Views

FM Nirmala Sitharaman Signals Major Customs Overhaul Ahead of Budget 2026

13 December 2025 at 06:50

FM Nirmala Sitharaman has hinted at a major overhaul of India’s customs framework before Budget 2026, with reforms expected in duty rationalisation, digitisation, compliance schemes and dispute resolution.

Posted in Union Budget | 447 Views

Start-Ups Demand Capital Access, IP Reform and Tax Relief, Ahead of Union Budget 2026

22 November 2025 at 06:33

India's start-up ecosystem has urged the Finance Ministry to expand the Fund of Funds corpus, ease credit access, offer targeted tax incentives and strengthen IP frameworks during pre-budget consultations with FM Nirmala Sitharaman.

Posted in Union Budget | 117 Views