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The finance minister also announced measures to strengthen emergency and trauma care facilities nationwide
The decision continues the framework laid down by the 15th Finance Commission, which had earlier fixed the states’ share in central taxes at 41 per cent.
This year’s Budget places a strong emphasis on future-ready sectors, with a focus on emerging technologies such as artificial intelligence and battery storage
From record capital expenditure and tax holidays for data centres to tighter rules on derivatives trading and fresh support for MSMEs, the Budget sets the tone for the financial year 2026–27. Here are the 10 biggest takeaways.
One97 Communications gains 5% and One Mobikwik rises 4% after Budget 2026 allocates Rs 2,000 crore subsidy for UPI and RuPay debit card payments.
Taken together, the measures signal a shift towards reducing export costs, easing compliance burdens and diversifying markets as India seeks to cushion its exporters from the fallout of tariff actions in the US and other major economies.
The states going to polls this year include West Bengal, Assam, Kerala and Tamil Nadu besides the union territory of Puducherry. Here's what the Budget 2026 had for them.
Sitharaman said, "I propose to extend time available for revising returns from 31st December to up to 31st March with the payment of a nominal fee."
Sitharaman said the economic roadmap would rest on three pillars: faster growth, inclusive development and continued structural reforms, as the government looks to balance expansion with stability.
"Minor tax offences will now attract fine only," said FM Nirmala Sitharaman during her budget speech.
Union Finance Minister Nirmala Sitharaman on Sunday announced a dedicated freight corridor connecting Dankuni in the east to Surat in the west.
Union Finance Minister Nirmala Sitharaman on Sunday announced a rare earth corridor for poll-bound Tamil Nadu.
Three new All India Institutes of Ayurveda to be set up and AYUSH pharmacies and drug testing labs to upgraded, says Sitharaman
As part of this initiative, SHE Marts will function as community-owned retail outlets and will be set up within cluster-level federations.
The fiscal deficit in FY25 stood at 4.8 percent of GDP, which was 80 bps lower than 5.6 percent in FY24.
Apex Frozen, Avanti Feeds, Waterbase, Coastal Corp and Zeal Aqua gain up to 7.8% on fisheries reservoir development plan.
Finance Minister Nirmala Sitharaman is presenting her ninth consecutive Budget, where she outlined the three 'kartavyas' that inspired her 9th Budget
Explaining the rationale, Sitharaman said that “in higher education, STEM institutions, prolonged hours of study and laboratory work pose some challenges to girl students."
Container Corp, RITES, L&T, JSW Infra and Adani Ports gain after freight corridor, rail and inland waterways proposals.
Shipping Corp, Essar Shipping and Dredging Corp gain up to 9.3% after ship-repair ecosystem and seaplane incentives announcement.
Sitharaman said the government will provide liquidity support and top up the Self-Reliance India fund with Rs 2,000 crore as part of a three-pronged strategy
Amber Enterprises, Dixon Technologies, Syrma SGS and Kaynes Technology gain up to 5.6% following government outlay announcement.
“Close to 25 crore people have come out of multidimensional poverty due to the government's efforts over a decade,” the finance minister said.
From rare earth strategy to semiconductor push, here's what Finance Minister Nirmala Sitharaman said during the Union Budget 2026.
This will take Sitharaman closer to the record of 10 budgets that were presented by former Prime Minister Morarji Desai over different time periods.
