Budget 2026 Expectations LIVE Updates: What’s in store for MSMEs, AI, defence? More relief for taxpayers this year?

Budget 2026 Expectations LIVE Updates: As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2026 in a matter of few days, industries across India are expecting boost for their own sectors. Union Finance Minister Nirmala Sitharaman will present the Budget 2026 on 1 February. This is the ninth consecutive Budget that the finance…

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Govt eyes dual allocations for MGNREGA, new rural jobs scheme in transition year

The new Viksit Bharat Guarantee for Rozgar and Ajeevika Mission Gramin (VB-G RAM G) scheme, to be notified by the Centre, will give states six months’ transition time. During this interim phase, the outgoing Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme will continue to operate as usual, necessitating a separate budgetary allocation, according…

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Budget 2026: Healthcare sector looks for infrastructure expansion, capex allocation, tax deductions and policy support

Budget 2026 expectations: The healthcare industry believes that Budget 2026 will indicate how the sector is positioned within India’s growth priorities amid large patient volumes, uneven capacity, and high dependence on imported medical equipment. Sudarshan Jain, Secretary General of Indian Pharmaceutical Alliance noted that with pharma sector facing global challenges such as Donald Trump’s tariffs,…

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Budget 2026 Expectations LIVE Updates: Lok Sabha Speaker Om Birla confirms Budget speech date on 1 February

Budget 2026 Expectations LIVE Updates: Lok Sabha Speaker Om Birla on 19 January confirmed that the highly anticipated Union Budget 2026 will be announced in Parliament on Sunday, 1 February, by Finance Minister Nirmala Sitharaman. While an unusual practice, this will not be the first time a Union Budget presentation has been conducted on a…

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Budget 2026 expectations: MSME sector wants policy support from Centre to reinforce GST reform measures

Budget 2026 expectations: Micro, small and medium enterprises (MSMEs) in India are looking forward to Union Budget 2026 reinforcing GST reforms, ensuring operational ease and continuity for the sector, a NeoInsights study showed. As many as 86% of MSMEs expect business growth in 2026 aided by GST reforms and are pinning hopes on Finance Minister…

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Budget Expectations LIVE Updates: Income tax and manufacturing policy in focus ahead of FM Sitharaman’s announcement

Budget Expectations LIVE Updates: Stakeholders across industries are keen on policy and reforms in manufacturing and income tax, ahead of Finance Minister Nirmala Sitharaman’s announcement on 1 February. The expectations are high as this is Sitharaman’s ninth consecutive Budget, and the second full-fledged Budget of PM Narendra Modi’s government in its third term. Union Budget…

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Budget to unveil quality and cost blueprint to gain export muscle

The 1 February announcements by finance minister Nirmala Sitharaman will focus on schemes enabling export diversification, market access and improving the quality of goods manufactured in India, said one of two people quoted above–both spoke on the condition of anonymity. The government is also finalizing policies to further integrate the Indian manufacturing sector with global…

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Benefits for seniors, PF rules, standard deduction—Deloitte’s Tarun Garg feels Budget 2026 will ‘fine tune’ income-tax

Budget 2026: Deloitte India Executive Director Tarun Garg feels that senior citizens could get healthcare related deductions, while there is potential for some relief in standard or interest income deductions, ANI reported. Speaking to the agency on 18 January, Garg said senior citizens could be among the biggest beneficiaries of Union Budget 2026. Further, he…

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