Mumbai, Feb 1 (IANS) The recalibration of Securities Transaction Tax (STT) is designed to encourage investors focus on long-term equity participation, thereby fostering healthier liquidity and more sustainable market dynamics, said Sundararaman Ramamurthy, MD and CEO, BSE, on Sunday.
New Delhi, Feb 1 (IANS) Union Finance Minister Nirmala Sitharaman on Sunday announced in Union Budget 2026-27 that select outward remittances will get cheaper with Tax Collected at Source (TCS) on overseas tour packages and education and medical remittances cut to 2 per cent.
Bengaluru, Feb 1 (IANS) Criticising the Union Budget for 2026–27, Karnataka Deputy Chief Minister D.K. Shivakumar stated that the state has received nothing, and "no high-speed rail will come to Bengaluru".
New Delhi, Feb 1 (IANS) Congress President Mallikarjun Kharge, on Sunday, criticised the Union Budget 2026-27 for reflecting the government's lack of policy vision and failure to offer solutions to key socio-economic challenges, including jobs, manufacturing, private investment, infrastructure and social security.
Mumbai, Feb 1 (IANS) Indian stock markets witnessed a sharp fall on Budget Day as investors reacted negatively to the government’s decision to raise the Securities Transaction Tax (STT) on futures and options trading.
Thiruvananthapuram, Feb 1 (IANS) Kerala's ruling Left Democratic Front (LDF) and the Opposition United Democratic Front (UDF) have criticised the Union Budget 2026-27 presented on Sunday, saying it left Kerala largely sidelined, as the Centre failed to announce any major infrastructure or development projects for the state.
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman announced an allocation of Rs 7.8 lakh crore for the country’s defence sector in the Union Budget for 2026-27, representing a 15 per cent increase over the corresponding figure of Rs 6.81 lakh crore for the previous financial year.
New Delhi, Feb 1 (IANS) The Union Budget 2026–27 presented by Finance Minister Nirmala Sitharaman marks a decisive step in reshaping India’s tax and trade landscape. With reforms spanning customs, indirect taxation, direct tax rationalisation, and incentives for cooperatives and the IT sector, the proposals aim to simplify compliance, reduce burdens, and strengthen competitiveness.
New Delhi, Feb 1 (IANS) BJP MP Kangana Ranaut on Sunday said that Finance Minister Nirmala Sitharaman presenting the Union Budget 2026 for the record ninth consecutive time is "wholesome" and particularly "satisfying" for women.
New Delhi, Feb 1 (IANS) Industry experts on Sunday welcomed the Union Budget 2026, calling it progressive, balanced and aligned with India’s long-term growth goals.
