Union Budget 2026-27 promises more Mega Textile Parks, export relief

IANS | February 1, 2026 4:44 PM

New Delhi, Feb 1 (IANS) In the Union Budget 2026-27, Finance Minister Nirmala Sitharaman announced capital support for machinery, technology upgradation, and the establishment of common testing and certification centres to modernise traditional textile clusters.

Budget prepared with economic vision, not populism: CAIT President Bhartia

IANS | February 1, 2026 4:34 PM

Nagpur, Feb 1 (IANS) Reacting to the Union Budget presented by Finance Minister Nirmala Sitharaman on Sunday, Confederation of All India Traders (CAIT) President B.C. Bhartia said that this Budget has been prepared with a fresh economic perspective, moving away from traditional populist approaches.

Union Budget 2026: What gets cheaper and costlier

IANS | February 1, 2026 4:09 PM

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.

Union Budget shows lack of policy vision, political will: Mallikarjun Kharge

IANS | February 1, 2026 4:05 PM

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.