New Delhi, April 5 (IANS) Delhi Chief Minister Rekha Gupta has allocated Rs 22,236 crore or around 21.44 per cent of Budget 2026–27 for improving air quality and for green initiatives, including clean Yamuna, to secure pollution-free future for the next generation, an official said on Sunday. Highlighting key features of the ‘Green Budget’ for 2026–27, the official said in a statement that of the total state budget of Rs 1,03,700 crore, Rs 22,236 crore have been allotted to 17 departments re…
Latest Budget 2026-27 News & Updates
New Delhi, March 23 (IANS) Delhi Chief Minister Rekha Gupta on Monday reiterated her government’s commitment to the vision of a ‘Developed Delhi, Green Delhi,’ stating that Budget 2026-27 would be a significant step towards fulfilling the aspirations of nearly 30 million residents of the capital.Chief Minister Gupta said the government’s second budget, scheduled to be presented on Tuesday, would accelerate Delhi’s development.She noted that it would not only strengthen infrastructure b…
Srinagar, March 10 (IANS) A closer look at the structural strength and resilience of Jammu and Kashmir’s economy by travelling beyond the narrow economic indicator gives an entirely different outlook. Instead of being dependent, conflict-ridden, driven by public sector employment, budgetary support and by tourism cycles, the years 2024-2025 and 2025-2026 show a marked shift and improvement in Jammu and Kashmir’s economy.Most satisfying in this marked improvement is the emerging fact that the…
Bhubaneswar, Feb 20 (IANS) Odisha Chief Minister Mohan Charan Majhi on Friday said the state Budget for the 2026–27 financial year would accelerate development and fulfil the dreams, hopes, and aspirations of people across all sections of society.Majhi, who also holds the Finance portfolio, presented the annual Budget in the Odisha Assembly earlier in the day and later described it as a roadmap for building a prosperous, inclusive, and future-ready state.Interacting with mediapersons after pre…
Mumbai, Feb 14 (IANS) The tax holiday for foreign cloud service providers aims to “provide investment certainty, anchor high-value digital infrastructure within the country, and strengthen India’s role in global digital value chains,” the government said on Saturday.The Government has announced a tax holiday till 2047 in Budget 2026-27 for eligible foreign cloud service providers operating through India-based data centre infrastructure. Such companies’ income will be exempt from Indian t…
New Delhi, Feb 11 (IANS) Finance Minister Nirmala Sitharaman on Wednesday said that the total resources to be transferred to the states, including the devolution of state share in taxes and releases that are made under the centrally sponsored schemes in the Budget for 2026-27 is estimated to be Rs 25.44 lakh crore, which is a Rs 2.7 lakh crore increase compared to 2025-26. Speaking in the Lok Sabha, she refuted the Opposition charge that the Centre has reduced the transfer of resources to the st…
Jaipur, Feb 7 (IANS) Union Minister for Jal Shakti C. R. Paatil, describing the Union Budget 2026–27 as a budget for all-round development, said it is a strong and decisive step towards Viksit Bharat 2047. He was addressing a press conference at the BJP State Office here on Friday.Paatil said that for the first time in the country’s history, a woman Finance Minister has presented the Union Budget for the ninth consecutive time, reflecting Prime Minister Narendra Modi’s strong commitment to…
Gwalior, Feb 2 (IANS) Union Minister for Communications and Development of North Eastern Region, Jyotiraditya Scindia, said on Monday that the Budget for financial year 2026-27 fulfills the aspirations of the people and takes decisive steps towards realising the national resolve of a developed India (‘Viksit Bharat’) at the grassroots level. Scindia, who is a BJP MP from Madhya Pradesh’s Guna, made this statement while addressing a press conference during a visit to Ashok Nagar (under Gwalior di…
Mumbai, Feb 2 (IANS) India is in a sweet spot today, and the Union Budget for a ‘Future Ready Bharat’ covers a multitude of sectors, both traditional and modern, giving impetus to services with a major focus on tech, Commerce and Industry Minister Piyush Goyal said on Monday.In a meeting on the holistic benefits of the Budget at the NSE here, along with investors and captains from the mutual funds and asset management industry, the minister said the Budget addresses specific areas which will…
New Delhi, Feb 2 (IANS) The Budget for 2026-27 is a significant step toward making India a global hub for innovation and advanced manufacturing with global competitiveness as the lynchpin, says Challa Sreenivasulu Setty, Chairman, State Bank of India.The Budget maintains policy continuity, tax predictability while attempting a fine balance between rural and urban, legacy and sunrise sectors.”This year’s Budget has both predictable and futuristic elements. The predictable part is the basic stru…