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Union Budget a 'betrayal' of common people: Amit Mitra

Kolkata, Feb. 1 -- Amit Mitra, principal chief advisor to Chief Minister Mamata Banerjee and the Finance Department, on Saturday described the Union Budget 2026-27 as "a betrayal of the common people"... Read More


Budget elicits mixed reactions: Relief on essentials, rising costs raise concerns

Kolkata, Feb. 1 -- The Union Budget 2026 has sparked mixed reactions among the public, with relief over price cuts on essentials tempered by concern over higher costs for daily consumables and luxury ... Read More


Tourism: 'Sweetest Part of India' fails to find a berth in Union Budget

Darjeeling, Feb. 1 -- India's second most popular international tourist destination found no mention in the Union Budget 2026, a move tourism stakeholders have termed a letdown. With Assembly election... Read More


Centre's Varanasi-Siliguri high-speed rail pitch seen as 'poll move'

Kolkata, Feb. 1 -- With an eye on the upcoming Bengal Assembly elections, the Centre has proposed a Varanasi-Siliguri high-speed rail corridor in the Union Budget 2026 - a move expected to dramaticall... Read More


Budget 2026: Share Buyback Tax Overhaul Brings Relief to Minority Shareholders

India, Feb. 1 -- Finance minister Nirmala Sitharaman announced a major overhaul of the tax treatment of share buybacks today, marking a shift in how India taxes capital returns. The changes are aimed ... Read More


Budget 2026: STT raised on F&O to discourage derivatives trading

New Delhi, Feb. 1 -- In an effort to discourage futures and options (F&O) trading, Finance Minister Nirmala Sitharaman has proposed to raise Securities Transaction Tax (STT) on such derivatives trade.... Read More


There is enough (in Budget) for both election & non-election states, says FM

New Delhi, Feb. 1 -- union Finance Minister Nirmala Sitharaman presented the union Budget today morning this year, clad in a Kattam Kanjeevaram silk saree from Tamil Nadu. Kanjeevaram sarees are trad... Read More


MSMEs take centre stage as Bengal industry backs Central Budget

Kolkata, Feb. 1 -- Industry chambers, business leaders and sector experts in West Bengal have broadly welcomed the Union Budget 2026-27, with a strong consensus around its emphasis on MSMEs, supported... Read More


CREDAI WB flags affordable housing gap in Union Budget

Kolkata, Feb. 1 -- The real estate industry in West Bengal has welcomed the Central Budget's continued thrust on infrastructure but expressed strong disappointment over the absence of targeted measure... Read More


Longer tax holiday, lower post-holiday tax: How IFSC units benefit from the Union Budget

New Delhi, Feb. 1 -- The Union budget has doubled the tax holiday for companies operating from the International Financial Services Centre (IFSC) in Gujarat and reduced the tax they have to pay after ... Read More