The new law aims to replace the long-standing Income Tax Act, 1961, with clearer language, simpler rules, and easier compliance ...

P. Chidambaram, Congress leader and former finance minister, criticised the 2026–27 Union Budget for lacking economic strategy and ignoring pressing challenges. He expressed disappointment that the ...

Union Budget 2026: Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026–27 on Sunday, February 1. This will be her ninth Budget presentation, and the third full Budget of the ...

Rather than relying on populist measures, Budget 2026 follows a development-first approach, prioritising capital formation, ...

The Finance Bill is different from ordinary bills. It is valid only for one financial year. Once passed, it becomes the Finance Act of that particular year. The Finance Bill is always presented along ...

Finance Minister Nirmala Sitharaman spoke for nearly one-and-a-half hours as she presented her ninth straight Union Budget today.

The Rajasthan government on Wednesday presented a ₹6.11-lakh crore Budget for the financial year 2026-27, underscoring its push towards infrastructure expansion, renewable energy, water security, and ...

Disability pensions for armed forces personnel have been fully exempt from income tax since 1922. The Budget, however, proposes to do away with the exemption for a certain category of retired ...