Customs Duty Exemption for Critical Minerals Processing

Customs Duty Exemption for Critical Minerals Processing

February 1, 2026
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Union Finance Minister Nirmala Sitharaman proposed basic customs duty exemption on capital goods imports required for

Customs Duty Exemption Extended for Nuclear Power Till 2035

Customs Duty Exemption Extended for Nuclear Power Till 2035

February 1, 2026
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Finance Minister Nirmala Sitharaman proposed extending basic customs duty exemption on imports for nuclear power projects

Duty-Free Import Limits Expanded for Seafood and Footwear Exports

Duty-Free Import Limits Expanded for Seafood and Footwear Exports

February 1, 2026
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Finance Minister Nirmala Sitharaman proposed significant duty relief for export-oriented seafood and footwear sectors during her

Income Tax Act 2025 Implementation from April 1, 2026: Simplified Compliance Era Begins

Income Tax Act 2025 Implementation from April 1, 2026: Simplified Compliance Era Begins

February 1, 2026
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Finance Minister Nirmala Sitharaman announced that the Income Tax Act, 2025 will come into effect from

Odisha, Kerala, Andhra, Tamil Nadu Get Dedicated Rare Earth Corridors

Odisha, Kerala, Andhra, Tamil Nadu Get Dedicated Rare Earth Corridors

February 1, 2026
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Finance Minister Nirmala Sitharaman proposed establishing dedicated rare earth corridors in Odisha, Andhra Pradesh, Tamil Nadu,

Fiscal Discipline Targets 4.3% Deficit with ₹1.4 Lakh Cr State Devolution

Fiscal Discipline Targets 4.3% Deficit with ₹1.4 Lakh Cr State Devolution

February 1, 2026
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Finance Minister Nirmala Sitharaman projected the fiscal deficit for FY 2026–27 at 4.3% of GDP, marginally

Massive Infrastructure Push for Tier II/III Growth Centres

Massive Infrastructure Push for Tier II/III Growth Centres

February 1, 2026
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Finance Minister Nirmala Sitharaman announced transformative infrastructure initiatives in Union Budget 2026, prioritizing future-ready development in

₹20,000 Crore Carbon Capture Push for Net-Zero Goals

₹20,000 Crore Carbon Capture Push for Net-Zero Goals

February 1, 2026
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Union Finance Minister Nirmala Sitharaman proposed a substantial ₹20,000 crore outlay over five years to accelerate

Income Tax Act 2025 Effective April 1, 2026: Major Compliance Simplification

Income Tax Act 2025 Effective April 1, 2026: Major Compliance Simplification

February 1, 2026
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The Income Tax Act, 2025, will come into effect from April 1, 2026, introducing simplified rules,

Staggered ITR Filing Deadlines Ease Taxpayer Burden

Staggered ITR Filing Deadlines Ease Taxpayer Burden

February 1, 2026
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The government proposed a staggered timeline for income tax return (ITR) filing in Union Budget 2026