Latest Budget News & Updates

Islamabad, April 2 (IANS) From curriculum to teacher training, budget to quantity metrics and parallel education systems to political interference, Pakistan’s education system is currently facing several flaws, a report has stated. Reasons cited are various factors like overemphasis on quantity over quality, political interference, lack of budget, parallel education systems, outdated syllabus and fractured infrastructure, an article in ‘Pakistan Observer’ mentioned.”The most pertinent failure of…

New Delhi, March 24 (IANS) Delhi’s Leader of the Opposition Atishi, along with other AAP legislators, staged a protest outside the Assembly on Tuesday, alleging that despite a Rs 1 lakh crore budget, the government has failed to provide even a single ladder for the Fire Department. The AAP leaders displayed posters reading: “Budget: Rs 1 lakh crore. Fire Brigade ke paas seedhi: 1 bhi nahi”, highlighting their concerns over inadequate fire safety infrastructure.Talking to IANS, Atishi criticised …

Shimla, March 21 (IANS) Former Himachal Pradesh Chief Minister and Leader of the Opposition Jai Ram Thakur on Saturday described the state’s Budget as “the most disappointing and directionless in the state’s history”, offering absolutely nothing to the people. He said the Budget consistently failed to meet expectations. From 2023-24, the fiscal deficit stood at Rs 10,300 crore, Rs 10,337 crore, Rs 12,414 crore, and Rs 9,896 crore, respectively.During these years, capital investment dwind…

Hyderabad, March 20 (IANS) Telangana Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka on Friday presented a budget of Rs 3.24 lakh crore for 2026-27.Presenting the third full-fledged budget of the Congress government in the state Assembly, he pegged the revenue and capital expenditure at Rs 2.34 lakh crore and capital expenditure at Rs 47,267 crore respectively.“For the financial year 2026-27, I propose a total expenditure of Rs 3,24,234 crore, revenue expenditure of Rs 2,34,…

New Delhi, March 18 (IANS) Net direct tax collections went up 7.19 per cent (on-year) to Rs 22.80 lakh crore (up to March 17), according to the latest provisional data released by the Income Tax Department on Wednesday.It includes net corporate tax of Rs 10.91 lakh crore, non-corporate tax of Rs 11.32 lakh crore and securities transaction tax (STT) of Rs 55,717 crore, the data showed.STT collections increased to nearly Rs 55,717 crore from Rs 53,095 crore a year ago, while other taxes dropped to…

Imphal, March 9 (IANS) Manipur Chief Minister Yumnam Khemchand Singh, while presenting the state Budget for the financial year 2026-27 in the Assembly on Monday, announced a new scheme aimed at the economic empowerment of women through Self Help Groups (SHGs), which is expected to benefit around 3.5 lakh women across the state. Presenting the Budget during the ongoing seventh session of the Assembly, the Chief Minister said the new scheme seeks to strengthen women-led SHGs and enhance financial …

Chandigarh, March 8 (IANS) Hours ahead of presenting proposals for the AAP government’s last and fifth Budget in the Assembly, Punjab Chief Minister Bhagwant Mann on Sunday extended greetings to mark International Women’s Day, and promised to make them self-reliant in every way.“I salute every daughter and sister who, through their hard work and courage, is bringing glory to Punjab’s name worldwide,” CM Mann wrote on X.“Punjab’s progress is only possible by walking shoulder to should…

Chandigarh, March 6 (IANS) BJP National General Secretary Tarun Chugh on Friday demanded that the AAP-led Punjab government should first account for the promises made in last year’s state Budget before presenting a new Budget on March 8.Chugh said the AAP government has repeatedly made tall claims in its Budgets, but the reality is that most of the major projects announced last year have not seen any progress on the ground.He said that the Bhagwant Mann government had announced a Drug Census w…

New Delhi/Bengaluru, March 6 (IANS) Union Minister for Food, Consumer Affairs and Public Distribution Pralhad Joshi has criticised the 17th Budget presented by Chief Minister Siddaramaiah, stating that its only distinction is its large size of Rs 4.48 lakh crore while also setting records in terms of rising state debt and fiscal deficit, and appearing to be driven by “vote bank” considerations.Reacting to the Karnataka government’s Budget for 2026–27, Joshi said on Friday that instead of…

Agartala, Feb 28 (IANS) The budget session of the Tripura Assembly will commence on March 13, with Governor Indrasena Reddy Nallu scheduled to address the House on the opening day, officials said on Saturday. A senior Assembly official said that the Governor’s address would mark the beginning of the ninth session of the 13th Tripura Assembly. The detailed schedule and business of the upcoming session will be finalised at a meeting of the Business Advisory Committee on March 6.Reports indicate …