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Budget 2026: IT Services Clubbed Under Single Category, Safe Harbour Threshold Raised To INR 2,000 Cr

India, Feb. 1 -- FM Nirmala Sitharaman announced that software development services, IT-enabled services, knowledge outsourcing services and contract R&D services will be clubbed under a single catego... Read More


India's focus should be 8-9% growth, not stock market volatility: Amitabh Kant says Budget "responsible, fiscally prudent"

New Delhi, Feb. 1 -- India's former G20 Sherpa and ex-NITI Aayog CEO Amitabh Kant on Sunday highlighted how the Union Budget is "very responsible and fiscally prudent," saying it strikes the right bal... Read More


AVGC sector set to grow as FM announces talent, job initiatives

Mumbai, Feb. 1 -- Shares of companies and startups in India's Animation, Visual Effects, Gaming, and Comics (AVGC) ecosystem are expected to benefit after Finance Minister Nirmala Sitharaman, in Union... Read More


FM announces launch of India Semiconductor Mission (ISM) 2.0

Mumbai, Feb. 1 -- Union Finance Minister Nirmala Sitharaman has announced the launch of India Semiconductor Mission (ISM) 2.0 in her Budget for 2026-27, alongside a sharp increase in the outlay for th... Read More


Union Budget 2026: Sitharaman announces scheme to develop Buddhist circuit in Northeast to preserve temples, monasteries

New Delhi, Feb. 1 -- Finance Minister Nirmala Sitharaman has announced a scheme for the development of a Buddhist circuit in the North East region. The Buddhist circuit scheme will help in preservatio... Read More


Overseas investors can now buy equities in listed Indian firms, but there's a catch

India, Feb. 1 -- Finance Minister Nirmala Sitharaman on Sunday expanded investment opportunities in India for overseas investors, providing them with a new route to purchase Indian stocks. In a bid t... Read More


Budget 2026: Foreign cloud firms using Indian data centres offered tax holiday till 2047

New Delhi, Feb. 1 -- Finance Minister Nirmala Sitharaman has proposed providing a tax holiday till 2047 for foreign companies providing cloud services to customers globally using data centre services ... Read More


Budget 2026: Foreign cloud firms using Indian data centres offered tax holiday until 2047

New Delhi, Feb. 1 -- In her Budget speech in parliament on Sunday, Union finance minister Nirmala Sitharaman laid out a proposal for global cloud service providers such as Microsoft, Google and Amazon... Read More


Pollution a top priority for govt: DEA Secretary Anuradha Thakur on Union Budget

New Delhi, Feb. 1 -- Anuradha Thakur, Secretary of the Department of Economic Affairs, on Sunday said that pollution remains a key focus for the Union government, with significant budgetary provisions... Read More


Sitharaman raises tax on Futures and Options transactions. Check full details

India, Feb. 1 -- Finance minister Nirmala Sitharaman on Sunday announced hike in STT (Securities Transaction Tax) on Futures and Options, a move likely to impact derivatives trading costs. Sensex and ... Read More