Union Cabinet Approves 2026-27 Budget

The Hindu

The Union Cabinet approved the 2026-27 Budget, presented by Finance Minister Nirmala Sitharaman, marking the third budget of the BJP-led NDA government.↗

The Hindu

The Congress criticized the Union Budget 2026-27 for its lack of transparency and its failure to meet expectations.↗

The Hindu

India's Finance Minister announced a new tax policy for buybacks, classifying them as capital gains and increasing the effective tax rate for corporations and non-corporations.↗

The Hindu

Finance Minister Nirmala Sitharaman proposed a ₹20,000 crore carbon capture and utilization scheme across sectors.↗

The Hindu

The Union Finance Minister proposed a six-month foreign asset disclosure scheme for small taxpayers, including students and NRIs, to enhance financial transparency.↗

The Hindu

Finance Minister Sitharaman proposed reducing TCS rates for educational and medical purposes under the LRS and overseas tour packages.↗

The Hindu

The Finance Minister proposed changes to the Union Budget 2026, including allowing PROIs to invest in listed Indian companies.↗

The Hindu

Finance Minister Nirmala Sitharaman announced the "Mahatma Gandhi Gram Swaraj Initiative" in the 2026-27 budget to support khadi production and manufacturing.↗

The Hindu

Finance Minister Sitharaman proposed a ₹10,000 crore investment in the biopharma sector over five years to support India's pharmaceuticals industry.↗

The Hindu

India's Union Finance Minister announced plans to operationalize 20 new national waterways over the next five years.↗

The Hindu

Finance Minister Sitharaman proposed incentives of ₹100 crore for single bond issuance by municipal corporations exceeding ₹1,000 crore in the Union Budget 2026.↗

The Hindu

The 2026-27 budget proposes the establishment of five regional medical hubs in partnership with the private sector.↗

The Hindu

India's Finance Minister extended tax exemptions on capital goods used for lithium-ion cell manufacturing and exempted biogas from excise duty calculations in the 2026-27 budget.↗

The Hindu

Prime Minister Modi hailed the 2026-27 Union Budget as historic, emphasizing its focus on domestic manufacturing, economic growth, and SME support.↗

The Hindu

Finance Minister Sitharaman proposed a new 'East Coast Industrial Corridor' with a Durgapur node and five tourism destinations in Purvodaya States during the Union Budget 2026-27.↗

The Hindu

The Union Finance Minister announced the development of five university townships near industrial logistics hubs in the 2026 budget.↗

The Hindu

India's Finance Minister unveiled a new budget proposal to create a "National Destination Digital Knowledge Grid" to document historical landmarks.↗

The Hindu

The Finance Minister's Union Budget 2026 allocated funds for infrastructure projects across 24 states, including industrial advancements, high-speed rail corridors, and specialized projects.↗

The Hindu

The Union Finance Minister announced an integrated program to boost the textile sector, including new schemes and initiatives.↗

The Hindu

Finance Minister Nirmala Sitharaman lowered the fiscal deficit target for FY27 to 4.3% of GDP, driven by a decrease in tax revenue ratios.↗

The Hindu

The Union Budget of 2026, presented by Finance Minister Nirmala Sitharaman, includes infrastructure projects in West Bengal, sparking debate about their political motivation.↗

The Hindu

The Union Budget 2026-27 allocated ₹4,551.94 crore to the Information and Broadcasting Ministry, supporting various media initiatives.↗

The Hindu

The Union Budget 2026-27 received positive feedback from CII leaders, emphasizing infrastructure investments and support for the textile industry.↗

The Hindu

The Indian government allocated a 15% increase to the 2026-27 defense budget, totaling ₹7,84,678 crore, to support modernization and technological innovation.↗

The Hindu

The Union Finance Minister presented the 2026-27 Union Budget, allocating over ₹50 lakh crore to all Ministries, with the Ministry of Finance receiving the largest share.↗

The Hindu

Edappadi K. Palaniswami praised the Union Budget 2026-27 for its focus on fiscal management, economic growth, and reducing imports, particularly in research and manufacturing sectors.↗

The Hindu

The Union Budget 2026-27, presented by Nirmala Sitharaman, fails to attract electoral support for Tamil Nadu despite including sector-specific measures.↗

The Hindu

The BJP lauded the Union Budget 2026-27 as a roadmap for "Viksit Bharat," emphasizing investments in manufacturing, technology, and infrastructure.↗

The Hindu

The Union Budget 2026 received praise from the Mysore Industries Association for its focus on supporting micro, small, and medium enterprises (MSMEs).↗

The Hindu

Finance Minister Nirmala Sitharaman presented a growth-oriented budget that emphasizes infrastructure development, technology, and social welfare initiatives.↗

The Hindu

Deputy Chief Minister K. Pawan Kalyan praised the Union Budget 2026-27 for its focus on manufacturing, MSMEs, infrastructure, and green energy, which he believes will accelerate India's economic growth.↗

The Hindu

The Union Budget allocated funds for the development and upgrade of four telescope infrastructure facilities, with the Indian Institute of Astrophysics overseeing the projects.↗

The Hindu

The Finance Minister proposed a ₹1.30 lakh crore budget for agriculture in 2026-27, marking a 2.6% increase from the previous year.↗

The Hindu

The Union Budget 2026 allocates increased funding to strengthen the fisheries and animal husbandry sectors through various schemes.↗