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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


In big move, Sitharaman raises tax on Futures and Options trading; stock market crashes. Check full details

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


Excluding Kerala from High-Speed Rail Corridors "indefensible": Shashi Tharoor on Union Budget

New Delhi, Feb. 1 -- Congress leader Shashi Tharoor on Sunday criticised the Union Budget 2026-2027 for excluding Kerala from the new High-Speed Rail Corridors announced across India, calling it "inde... Read More


Hospital stocks advance after budget proposal on medical tourism hubs

Mumbai, Feb. 1 -- Shares of hospital companies traded higher after Finance Minister Nirmala Sitharaman, in the Union Budget, proposed a scheme to support states in setting up five regional medical hub... Read More


Sena UBT's Priyanka Chaturvedi correctly 'predicted' Nirmala Sitharaman's saree choice for Budget 2026

India, Feb. 1 -- Shiv Sena (UBT) MP Priyanka Chaturvedi correctly 'predicted' the kind of saree that Finance Minister Nirmala Sitharaman would wear while presenting the Union Budget 2026-27. Nirmala S... Read More


Govt accepts recommendations of the 16th Finance Commission to retain the vertical share of tax devolution to states at 41%, says FM

Mumbai, Feb. 1 -- The government has accepted the recommendations of the 16th Finance Commission, including retaining the vertical devolution share at 41%, Finance Minister Nirmala Sitharaman says in ... Read More


Big announcement for women entrepreneurs in Budget 2026: 'She Marts' and ownership of enterprise

India, Feb. 1 -- Union finance minister Nirmala Sitharaman on Friday said the government wants to help women move from credit-based livelihoods to becoming owners of their own enterprises as she prese... Read More