Union Budget & Policy News
Union Budget 2026-27 to Be Presented on 1st February, Sunday
13 January 2026 at 09:26Union Budget 2026-27 will be presented on February 1 at 11 AM in Lok Sabha. Parliament’s Budget Session begins January 28 and continues till April 2 in two phases.
FM Sitharaman Chairs Pre-Budget 2026-27 Consultations with States and UTs
12 January 2026 at 07:01Finance Minister Nirmala Sitharaman chaired pre-Budget 2026-27 consultations with States and UTs, focusing on capital investment support and continuation of the SASCI scheme.
Customs Duty Amnesty, Rate Rationalisation Likely on Budget 2026-27 Wishlist
12 January 2026 at 07:01Industry seeks a customs duty amnesty in Budget 2026-27 as ₹1.52 lakh crore remains locked in litigation, alongside calls for tariff rationalisation, correction of inverted duty structures due to FTAs and faster customs clearances.
Budget 2026: MSMEs Flag GST 2.0 Fallout, Trump Tariffs and Credit Crunch
10 January 2026 at 07:05MSMEs urge Budget 2026 to fix GST 2.0 inverted duty issues, ease compliance, boost credit access and shield exporters from US tariff shocks.
ICAI Proposes Higher Surcharge Limit, Disability Deductions, Joint Taxation for Couples Ahead of Budget 2026
10 January 2026 at 07:05Ahead of the Union Budget, ICAI has sought changes in the default tax regime, including health insurance deductions, higher surcharge thresholds and joint taxation for couples.
Union Budget 2026: New Faces in Finance Ministry, Work Continues Without Finance Secretary
09 January 2026 at 07:18As India prepares for Union Budget 2026, the Finance Ministry sees multiple new secretaries while Budget work progresses normally despite no designated Finance Secretary.
Union Budget 2026-27: Industry Bodies Seek Targeted Credit Relief for MSMEs
06 January 2026 at 06:57Industry bodies WTC Mumbai and AIAI urge the government to announce targeted MSME measures in Union Budget 2026-27, focusing on affordable credit, GST-linked financing and export support.
Budget 2026 May Address Section 87A Rebate Loss for Small Investors with Capital Gains
06 January 2026 at 06:57Ahead of Budget 2026, BCCI flags a tax anomaly where small taxpayers lose Section 87A rebate due to capital gains under Sections 111A and 112.
Union Budget 2026-27: Finance Ministry Invites Public Suggestions, Deadline January 16
24 December 2025 at 06:47he Finance Ministry has invited citizens to submit suggestions for the Union Budget 2026-27 through MyGov. Inputs can be shared till January 16. Budget likely on Feb 1.
FM Nirmala Sitharaman Signals Major Customs Overhaul Ahead of Budget 2026
13 December 2025 at 06:50FM Nirmala Sitharaman has hinted at a major overhaul of India’s customs framework before Budget 2026, with reforms expected in duty rationalisation, digitisation, compliance schemes and dispute resolution.
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