Live Updates and discussion on Union Budget 2026-2027

Buyback For All Types Of Shareholders As Capital Gains To Be Taxed.

Union Finance Minister Nirmala Sitharaman proposed a change in the taxation of buybacks to address improper use. The government will tax buybacks for all types of shareholders as capital gains.

The government is to disincentivise misuse of tax arbitrage, and promoters are to pay additional buyback tax

Effective tax on corporate promoters to be 22%; non-corporate promoters to have tax of 30% on buybacks. #FM

Union Budget 2026 on Custom

*No customs duty on raw material for manufacture of parts for aviation
*No customs duty on sodium antimonate for use in making solar glass
*Customs duty on nuclear power project inputs to be available to all plants
*Fish catch by Indian fishing vessel on high seas to be made free of duty
*Approvals for cargo clearance to be processed through digital window by end of fiscal 2027