Shimla, Feb 1 (IANS) Expressing disappointment over the Union Budget 2026-27, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Sunday described it as an anti-poor and anti-farmer budget and said “it ignores the interests of key sections of society”. Describing it as inequitable, the Chief Minister said Finance Minister Nirmala Sitharaman has completely overlooked the concerns and priorities of the state. He raised concerns regarding the recently tabled 16th Finance Commission (FC-XV…
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New Delhi, Feb 1 (IANS) The Union Budget 2026–27 presents a strong and credible roadmap to enhance India’s competitiveness through fiscal discipline, structural reforms and targeted measures aimed at boosting private investment, industry representatives said on Sunday.Speaking to IANS, CII Punjab Chairman Amin Jain said the Budget includes several key announcements for the textile sector.“These include the development of mega textile parks, integrated plans for labor-intensive textile segm…
Kolkata, Feb 1 (IANS) Leader of the Opposition (LoP) in West Bengal Assembly, Suvendu Adhikari, on Sunday, hailed the Union budget for 2026-27, saying it has a lot for the state. Using his official X account, LoP Adhikari said, “Today’s Union Budget has kindled a ray of hope in the hearts of the people of West Bengal. A massive investment plan has been outlined for infrastructural development to usher in a wave of industrialisation.”Talking about the proposed projects for the state, BJP leader A…
Mumbai, Feb 1 (IANS) Maharashtra Congress President Harshwardhan Sapkal on Sunday said that the budget presented by the Narendra Modi government is no different from the previous budget. “This budget is not meant to satisfy any social class, but is limited to big figures and claims,” he said. He alleged that figures have been manipulated in the budget, and it is completely directionless.“A solid policy is required for large-scale employment generation in the country, but there is no clear …
New Delhi, Feb 1 (IANS) Traders in Delhi’s Gandhi Nagar Market have expressed mixed reactions to the Union Budget presented by the central government. They have described it as largely “average.” According to traders, the budget is unlikely to have a significant impact and does not adequately address the issues faced by local markets and small businesses.Praveen Gupta, President of the Gandhi Nagar Market Subhash Road Association, said the budget is not special and is almost similar to las…
Kolkata, Feb 1 (IANS) West Bengal Chief Minister Mamata Banerjee on Sunday termed the Union Budget 2026-27 as “visionless, directionless and full of lies” with no funds allocated to the state.Speaking to media persons outside Netaji Subhas Chandra Bose International Airport, Banerjee said the Centre is destroying the country’s economy with this budget.”This financial Budget of 2026-27, placed by the Central government, is totally directionless, visionless, missionless, and actionless. The econom…
New Delhi, Feb 1 (IANS) The Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman on Sunday, reflects the government’s vision of accelerating growth, strengthening resilience, and ensuring inclusive development. It builds on over a decade of steady economic progress, combining reforms with targeted investments to boost manufacturing, infrastructure, energy security, and social welfare.With record public capital expenditure, support for strategic sectors like semiconductors, bi…
New Delhi, Feb 1 (IANS) The Goods and Services Tax (GST) collections reached Rs 1,93,384 crore in the month of January, up 6.2 per cent from the same month last year, official data showed on Sunday.Gross GST collections were Rs 1,82,094 crore in January. On a year-to-date basis (April–January), gross collections jumped to Rs 18,43,423 crore, marking a strong 8.3 per cent growth (on-year), the data showed.Moreover, the net GST revenue for January stood at Rs 1,70,719 crore, up 7.6 per cent from…
New Delhi, Jan 31 (IANS) When Finance Minister Nirmala Sitharaman rises to present her ninth consecutive budget on Sunday, February 1, farmers across India look ahead for a mix of assurances that range from subsidies, a guarantee on a profitable Minimum Support Price (MSP), expanding credit access, investing in modern technology and infrastructure, to providing climate-resilient support. She has repeatedly assured that Prime Minister Narendra Modi firmly believes to focus on four major caste…
New Delhi, Jan 31 (IANS) From February 1, the government is bringing a new tax structure for cigarettes, tobacco products and pan masala, aiming to tighten regulation and keep tax levels high on these so-called ‘sin goods’.An additional excise duty will now be charged on cigarettes and tobacco products, along with a new health and national security cess on pan masala.These new levies will replace the earlier system under which these products were taxed at 28 per cent GST along with a compens…