In the Union Budget 2026, the Section 87A tax rebate, given in Income Tax,remain unchanged, disappointing taxpayers who had hoped for an increase to boost consumption and ease the burden on middle-income individuals. Thus, like for FY 2025-26, under the new tax regime, resident individuals with net taxable income up to Rs 12 lakh can…
NEW DELHI: The Union Budget 2026 announced the launch of a new initiative in the name of Mahatma Gandhi days after it came under flak for its decision to change the name of MNREGA (Mahatma Gandhi Rural Employment Guarantee Act) to VB-G RAM G (Viksit Bharat Guarantee for Employment and Livelihood Mission (Rural) Bill).The Union…
Union finance minister Nirmala Sitharaman on Sunday proposed the establishment of dedicated rare earth corridors in Odisha, Andhra Pradesh, Tamil Nadu and Kerala as part of the Union Budget for 2026–27, aiming to reduce India’s dependence on imports and strengthen domestic capabilities in critical minerals.Presenting the Budget in Parliament, Sitharaman said the Centre would “support…
NEW DELHI: Stock markets indices were trading flat in the Sunday’s special trading session ahead of the Union Budget 2026, reflecting cautious investor sentiment.The Nifty 50 was at 25,302 . 05, down around 16 points, while Sensex was up by over 18 points at 82,301.91 , as at 9.35 am.The Bombay Stock Exchange (BSE) and…