Budget 2026: Nirmala Sitharaman extends tax exemption on capital goods used to make lithium-ion cells for battery storage
Nirmala Sitharaman, India's Union Finance Minister, announced several tax breaks in the 2026-27 budget. These include extending customs duty exemptions on capital goods used for manufacturing lithium-ion cells and exempting biogas from excise duty calculations for blended CNG. The government also plans to develop an integrated East Coast Industrial Corridor with a node at Durgapur and create five tourism destinations in Poorvodaya states.
1 FEB 2026
— 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.
2 FEB 2026
— The Hindu
The Union Budget 2026-27, presented by Nirmala Sitharaman, focuses on technology-driven reforms and trade facilitation to enhance India's attractiveness as an investment destination.
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