News for 'Union Finance'

Infographics: Union Budget 2026 at a glance

Infographics: Union Budget 2026 at a glance

Rediff.com1 Feb 2026

Infographics break down the key numbers and decisions, making it quick and easy to understand what the Budget means for the economy.

'You End Up Firefighting': Finance Minister

'You End Up Firefighting': Finance Minister

Rediff.com1 days ago

'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'

Cabinet approves Union Budget 2026-27

Cabinet approves Union Budget 2026-27

Rediff.com1 Feb 2026

The Union Cabinet headed by Prime Minister Narendra Modi on Sunday approved the Union Budget 2026-27.

Union Budget: ASK YOUR TAX QUESTIONS

Union Budget: ASK YOUR TAX QUESTIONS

Rediff.com31 Jan 2026

rediffGURUS Mihir Tanna, Vipul Bhavsar, T S Khurana, Vivek Lala and Anil Rego will answer your tax queries related to the Union Budget 2026-2o27.

Highlights of Union Budget 2026-27

Highlights of Union Budget 2026-27

Rediff.com1 Feb 2026

Highlights of Union Budget 2026-27

STT on futures hiked, share buyback taxed as capital gains

STT on futures hiked, share buyback taxed as capital gains

Rediff.com1 Feb 2026

The FM also said the government has proposed a joint panel of Corporate Affairs Ministry and CBDT for incorporation of income computation and disclosure standards.

Union Budget allocates Rs 1,492 cr for Parliament

Union Budget allocates Rs 1,492 cr for Parliament

Rediff.com2 Feb 2026

The Union Budget allocates Rs 1,492 crore for the functioning of both Houses of Parliament, with specific provisions for Lok Sabha, Rajya Sabha, and related secretariats.

Budget 2026: Prez Murmu offers 'Dahi-Cheeni' to Sitharaman

Budget 2026: Prez Murmu offers 'Dahi-Cheeni' to Sitharaman

Rediff.com1 Feb 2026

Sitharaman continues with the tradition she set in 2019, carrying the budget speech in a 'bahi-khata', which she used after dropping the briefcase tradition.

ED wants speedy trial against P Chidambaram in PMLA cases

ED wants speedy trial against P Chidambaram in PMLA cases

Rediff.com20 hours ago

The Enforcement Directorate (ED) is seeking an expedited trial against Congress leader P Chidambaram in the Aircel-Maxis and INX Media money laundering cases, having submitted the required prosecution sanction to the court.

Union Budget 2026: Fiscal deficit target set at 4.3%

Union Budget 2026: Fiscal deficit target set at 4.3%

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman announced a fiscal deficit target of 4.3% of GDP for FY27, continuing the path of fiscal consolidation. The government aims to reduce the debt-to-GDP ratio to 55.6% by BE 2026-27 and further to around 50% by March 2031.

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

Rediff.com11 Feb 2026

Finance Minister Nirmala Sitharaman launched a strong attack on Rahul Gandhi and the Congress party, accusing them of compromising India's interests on the world stage and selling out farmers and the poor during their time in power.

Budget 2026: Lokpal gets Rs 30 crore

Budget 2026: Lokpal gets Rs 30 crore

Rediff.com1 Feb 2026

The Lokpal, India's anti-corruption ombudsman, has been allocated Rs 30 crore in the Union Budget 2026-27. The Central Vigilance Commission (CVC) has been allocated Rs 54.56 crore.

Urban India likely to account for 70% of GDP in FY26

Urban India likely to account for 70% of GDP in FY26

Rediff.com5 days ago

India's urban areas are projected to contribute 70 per cent of gross domestic product in 2025-26, up from 45 per cent in the 1990s, according to a report by Dun & Bradstreet.

Budget hollow, directionless; ignoring people's hardships: Opposition

Budget hollow, directionless; ignoring people's hardships: Opposition

Rediff.com1 Feb 2026

The Congress party has strongly criticized the Union Budget, calling it 'lacklustre' and 'disappointing,' claiming it fails to address the needs of farmers, unemployed youth, and other key sectors.

Sitharaman takes part in customary halwa ceremony

Sitharaman takes part in customary halwa ceremony

Rediff.com28 Jan 2026

Finance Minister Nirmala Sitharaman on Tuesday participated in a traditional 'halwa' ceremony, marking the final stage for the preparation of the Union Budget 2026-27, to be unveiled on February 1 in the Lok Sabha.

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Rediff.com1 Feb 2026

Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.

MHA gets Rs 2.55 lakh cr as Budget sharpens focus on internal security

MHA gets Rs 2.55 lakh cr as Budget sharpens focus on internal security

Rediff.com1 Feb 2026

The Union Budget 2025-26 had allocated Rs 2,33,210.68 crore (BE) to the ministry helmed by Union Home Minister Amit Shah.

Why Capital Expenditure Needs Monitoring

Why Capital Expenditure Needs Monitoring

Rediff.com4 days ago

After years of rapid expansion, the Centre's capital spending growth eases as private investment shows early signs of revival, points out A K Bhattacharya.

Don't Expect Tax Relief In This Budget!

Don't Expect Tax Relief In This Budget!

Rediff.com27 Jan 2026

After the last Budget's announcement of a major tax relief for those earning an annual salary of less than Rs 12 lakh, there is not much that individuals can look forward to in the forthcoming Budget, points out A K Bhattacharya.

Modi-Trump Call: 'Headwind Becomes Tailwind': FM

Modi-Trump Call: 'Headwind Becomes Tailwind': FM

Rediff.com5 Feb 2026

The finance minister said that consolidation of state-owned banks could proceed at any time without waiting for the recommendations of the proposed high-level committee on banking.

Budget session from Jan 28; Union Budget on February 1

Budget session from Jan 28; Union Budget on February 1

Rediff.com9 Jan 2026

The Budget session of Parliament will be held from January 28 to April 2, featuring the President's address, the Economic Survey, and the presentation of the general Budget.

Govt proposes to lower debt-to-GDP ratio to 55.6%

Govt proposes to lower debt-to-GDP ratio to 55.6%

Rediff.com1 Feb 2026

The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday.

Govt proposes to lower debt-to-GDP ratio to 55.6%

Govt proposes to lower debt-to-GDP ratio to 55.6%

Rediff.com1 Feb 2026

The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday.

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Rediff.com1 Feb 2026

India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said noting these business segments are quite inter-connected with each other.

Small taxpayers get relief window for foreign asset disclosure

Small taxpayers get relief window for foreign asset disclosure

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday proposed a six-month foreign asset disclosure scheme for small taxpayers like students, tech professionals and relocated NRIs as she presented the Union Budget 2026-27.

Nirmala Sitharaman, the longest serving FM will present record 9th Budget on Feb 1

Nirmala Sitharaman, the longest serving FM will present record 9th Budget on Feb 1

Rediff.com30 Jan 2026

Sitharaman took charge of the Finance Ministry on May 31, 2019, and has steered the economy through the COVID-19 pandemic and geopolitical turmoil, making India the fastest-growing major economy in the world.

RBI looks to ban sales incentive to bank staffers from third party

RBI looks to ban sales incentive to bank staffers from third party

Rediff.com12 Feb 2026

In a move aimed at curbing the mis-selling of financial products, the Reserve Bank of India (RBI) has proposed banning incentives paid to bank staffers by third parties such as insurance companies and mutual fund houses for selling their products and services. It has also proposed that banks must ensure their user interfaces do not deploy "dark patterns" to lure customers.

With Nirmala Sitharaman In This Pic Are...

With Nirmala Sitharaman In This Pic Are...

Rediff.com1 Feb 2026

We know what Mrs Sitharaman and Mr Chaudhary (who may soon be moving out of the finance ministry to head to Lucknow to take charge as president of the Bharatiya Janata Party's Uttar Pradesh unit) look like, but who are the others in these photographs?

Sitharaman's 85-minute Budget speech skips poetry, not focus

Sitharaman's 85-minute Budget speech skips poetry, not focus

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget, focusing on investments and growth. The speech was marked by its business-like approach and lack of cultural references, while opposition members raised concerns about regional representation.

6 Facts About The Budget You Didn't Know

6 Facts About The Budget You Didn't Know

Rediff.com31 Jan 2026

With the Union Budget 2026, India's 74th, fast approaching, all eyes are once again on New Delhi's North Block as Finance Minister Nirmala Sitharaman is preparing to table it on February 1, 2026, marking her ninth Budget presentation in a row.

Ambitious, futuristic: PM Modi lauds Sitharaman's 9th Budget

Ambitious, futuristic: PM Modi lauds Sitharaman's 9th Budget

Rediff.com1 Feb 2026

Reiterating Sitharaman's statement that this is a youth power budget, Modi emphasised that the provisions made in the budget will prepare leaders, innovators and creators across different sectors.

Nirmala Sitharaman creates history with 9th consecutive Budget

Nirmala Sitharaman creates history with 9th consecutive Budget

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday makes history as she presents a record ninth consecutive Budget that is expected to unveil measures to sustain growth momentum, maintain fiscal discipline, and contain reforms that could buffer the economy from global trade frictions, including US tariffs.

Strikes Shake India's Gig Economy

Strikes Shake India's Gig Economy

Rediff.com6 days ago

Two of the three strikes are related to the gig economy, a centrepiece of the new labour Codes.

Govt raises FY27 capex target to Rs 12.12 lakh cr

Govt raises FY27 capex target to Rs 12.12 lakh cr

Rediff.com1 Feb 2026

The government also proposes to set up risk guarantee fund for infrastructure sector, she added.

Tata Sons Delays Chandrasekaran's Extension Amid Internal Concerns

Tata Sons Delays Chandrasekaran's Extension Amid Internal Concerns

Rediff.com1 hour ago

The deferral of Natarajan Chandrasekaran's re-appointment as Chairman of Tata Sons has sparked questions regarding a previous unanimous resolution by Tata Trusts and potential internal disagreements.

'Direct fertiliser subsidy transfer very much on table'

'Direct fertiliser subsidy transfer very much on table'

Rediff.com17 Feb 2026

On Agri Stack, Expenditure Secy V Vualnam says it's progressing well; using IT, farmers will be able to choose exact fertiliser quantities needed, reducing crowding at fertiliser outlets.

How investors will benefit if banks start lending to Reits

How investors will benefit if banks start lending to Reits

Rediff.com6 Feb 2026

The Reserve Bank of India on Friday proposed to allow banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.

Stormy first part of Budget Session ends

Stormy first part of Budget Session ends

Rediff.com13 Feb 2026

The first leg of the Budget session concluded with debates over the India-US trade deal and a former army chief's memoir, and will reassemble on March 9.

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

Rediff.com13 Feb 2026

Nearly two-thirds of external commercial borrowings (ECBs) raised so far in the ongoing financial year (2025-26/FY26) have been routed through Gujarat International Finance Tec-City (GIFT City), a sharp jump from the 36 per cent recorded in 2024-25.

Budget: Where the rupee comes from, where it goes

Budget: Where the rupee comes from, where it goes

Rediff.com1 Feb 2026

Around 24 paise will come from borrowings and other liabilities, 10 paise from non-tax revenue like disinvestment, and 2 paise from non-debt capital receipts, the Budget documents showed.