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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Reversing years of losses, power distribution utilities see ₹2,701 crore profit in FY25

Image used for representation | Photo Credit: Reuters Reversing “several years” of losses since unbundling and corporatisation of State electricity boards, India’s power distribution utilities, that is DICOMs and power departments, collectively posted a net profit, or profit after taxes (PAT), of ₹2,701 crore in the financial year 2024-25, the Union Ministry of Power informed…

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World Economic Forum 2026: Davos fortified as it awaits global elites, from Trump to Zelenskyy

More than 5,000 armed forces personnel, snipers at vantage points, AI-powered drones and special tools to counter spywares and espionage — security is like never before in this small Swiss town this week. As the global elites start descending on the snow-clad skiing resort town for the five-day extravaganza of the World Economic Forum Annual…

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Budget Expectations LIVE Updates: Sectors look for growth and policy support, tax announcements from Fin Min Sitharaman

18 Jan 2026, 10:57:31 AM IST Budget expectations LIVE updates: Why is this Budget significant? Budget 2026 is significant because this is the 9th consecutive time FM Nirmala Sitharaman is set to present the annual financial statement. Next year, she will equal Moraji Desai’s record of presenting 10 Budgets. Sitharaman is the only finance minister…

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PLI for curbing import dependency in long-term, duty rationalisation in short-term: Wind Energy Industry’s wish list for Union Budget

Image for representational purposes only. | Photo Credit: PERIASAMY M Instituting production-linked incentive (PLI) schemes to curtail import dependency on critical components in the longer-term, and rationalising import duties for support in the short term, forms the core of the wind energy producers’ wish list in the upcoming Union Budget. Speaking to The Hindu, Varchasvi…

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Overhaul of import tariff structure, customs processes to cut trade costs, boost manufacturing, exports: GTRI

India needs a sweeping overhaul of its import tariff structure and customs administration to reduce trade costs, strengthen manufacturing competitiveness and revive export growth, think tank Global Trade Research Initiative (GTRI) said on Saturday (January 17, 2026). It also recommended movement toward zero duty on most industrial raw materials and key intermediates, while adopting a…

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