Latest Union Budget 2026-27 News & Updates

New Delhi, April 1 (IANS) The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday introduced a special one-time relief measure for eligible units in Special Economic Zones (SEZs) to facilitate the sale of manufactured goods to the Domestic Tariff Area (DTA) at concessional rates of duty. The move comes in pursuance of the Union Budget 2026-27 announcement to address the concerns faced by the manufacturing units in the Special Economic Zones (SEZ) due to ongoing global trade disruptio…

New Delhi, March 27 (IANS) The Parliament on Friday approved the Finance Bill 2026 with the Rajya Sabha returning it to the Lok Sabha by a voice vote, completing the legislative process to provide the legal backing for the proposals of the Union Budget 2026-27 to kick in during the new financial year beginning from April 1.The Lok Sabha passed the bill on March 25, along with 32 amendments. The Rajya Sabha returned the bill after a brief discussion, and Finance Minister Nirmala Sitharaman’s repl…

New Delhi, March 20 (IANS) MSMEs and start-ups are playing a crucial role in strengthening India’s defence capabilities and safeguarding national interests, Minister of State for Defence Sanjay Seth said on Friday.The National Defence Industries Conclave (NDIC) 2026 concluded in the national capital after two days of detailed discussions on advanced manufacturing technologies and boosting industry participation in defence production.Addressing the valedictory session, Sanjay Seth highlighted t…

New Delhi, March 18 (IANS) India’s public capital expenditure has jumped from Rs 2 lakh crore in FY15 to a Budget Estimate of Rs 12.2 lakh crore in FY27, and the Union Budget 2026–27 introduced new tools including an Infrastructure Risk Guarantee Fund and City Economic Regions to bolster infrastructure‑led growth, the government said on Wednesday.Institutions such as the National Investment and Infrastructure Fund (NIIF) and the National Bank for Financing Infrastructure and Development (NaB…

New Delhi, March 9 (IANS) District hospital casualty wards should be urgently converted into fully functional Emergency Care Departments with triage, resuscitation, and other facilities, panellists said in a post‑Budget webinar session, according to an official statement on Monday.These emergency care departments should also have ambulance bays, diagnostics, and emergency operating theatres.A Post‑Budget webinar session was conducted where discussions focused on strengthening of Emergency an…

New Delhi, March 6 (IANS) Prime Minister Narendra Modi on Friday said that the time is ripe for increasing export-oriented agriculture production to join the global supply chains, which will create new jobs and empower our farmers.Addressing a post-budget webinar on the theme “Agriculture and Rural Transformation” via video conferencing, PM Modi said that agriculture is the mainstay of our economy and a strategic pillar.“The second quarter of this 21st century has started, and we will ensure t…

New Delhi, March 5 (IANS) India has recorded a 27 per cent surge in the number of new business registrations from 1.55 lakh in 2020–21 to 1.98 lakh in the first 10 months of 2025–26 (as on February 3, 2026) on the back of economic reforms that have enhanced the ease of doing business in the country, according to an official factsheet issued on Thursday.The Union Budget 2026–27 further facilitates the ease of doing business ecosystem with various measures proposed, such as digital trade fac…

New Delhi, Feb 27 (IANS) Prime Minister Narendra Modi on Friday said that this year’s Union Budget lays the road map for a ‘Viksit Bharat’ — driven by technology, reforms and finance — and all the stakeholders need to collectively ensure that reforms reach the grassroots level.Addressing a post-Budget webinar, PM Modi urged the stakeholders to transform reforms into solid results, suggesting to create a charter involving the government, industry, financial institutions and academia to achi…

New Delhi, Feb 27 (IANS) Prime Minister Narendra Modi will address the post-Budget webinar on “Technology, Reforms and Finance for Viksit Bharat” on Friday morning via video conferencing.The webinar will entail discussions on public capex, infrastructure, banking sector reforms, financial sector architecture, deepening capital markets, and ease of living through tax reforms, the statement said.The webinar is the first in a series of post-Budget webinars being organised on key themes emerging fro…

New Delhi, Feb 26 (IANS) Prime Minister Narendra Modi will address the post-Budget webinar on “Technology, Reforms and Finance for Viksit Bharat” on Friday morning via video conferencing, according to a PMO statement. The webinar will entail discussions on public capex, infrastructure, banking sector reforms, financial sector architecture, deepening capital markets, and ease of living through tax reforms, the statement said.The webinar is the first in a series of post-Budget webinars being organ…