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News

  • Budget cuts tax collected at source for foreign tour packages to a uniform 2%

    The Budget has also proposed lowering the TCS rate on expenses incurred for pursuing education and for medical treatment abroad under the liberalised remittance scheme

  • Union Budget 2026: FM Nirmala Sitharaman proposes taxing buyback proceeds as capital tax

    In the Union Budget 2026-27, Finance Minister Nirmala Sitharaman proposed that the buyback proceeds for all types of shareholders will be taxed as capital gains. Details here.

  • Union Budget 2026: ITR revision deadline extended to March 31

    Union Budget 2026 proposes extending the deadline for filing revised income-tax returns to 31 March from 31 December, as FM Sitharaman announces key compliance changes under the Income Tax Act, 2025.

  • Budget 2026 Income Tax announcements: What do taxpayers get this year? Did FM Sitharaman slash rates?

    Budget 2026 income tax announcements: Salaried taxpayers and the middle class citizens of India were expecting major income tax announcements after the relief that FM Sitharaman announced last year.

  • Union Budget 2026: FM Sitharaman announces new scheme for small taxpayers - Details inside

    Union Budget 2026: FM Nirmala Sitharaman announces a new automated scheme for small taxpayers in the FY27 Budget, enabling lower or nil tax deduction certificates, reducing TCS on overseas spending, and extending income-tax return deadlines.

  • Income Tax Slabs Budget 2026 Live Updates: Did Budget 2026 deliver on income tax relief for the middle class?

    Income Tax Slabs Budget 2026 Live Updates: FM Nirmala Sitharaman presented her ninth Budget today. During her speech, she made a key income tax announcement on filing revised ITR. Follow for LIVE updates.

  • Budget 2026: Will the old tax regime be phased out this time? Experts weigh in

    Budget 2026: The old tax regime still offers key deductions like Section 80C and House Rent Allowance (HRA). Plus, the New Income Tax Act 2025 permits filing ITRs under the old regime, keeping it relevant despite the push towards the new regime.

  • Why global investing matters now more than ever

    At Mint Horizons Kolkata, Neil Borate emphasised that global investing is an ingrained instinct for Indians, citing gold as a historical example. He discussed the importance of geographic diversification and various routes for Indian investors to gain global exposure.

  • Got your first salary? Here’s how young Indians are making it work

    Rather than splurging, India’s young professionals are adopting disciplined, flexible budgeting to navigate their first years of earning.

  • Large caps currently have a bigger margin of safety than mid or small caps: SBI Mutual Fund's Anup Upadhyay

    Anup Upadhyay, fund manager at SBI Mutual Fund, said about 70% of the SBI Flexi Cap Fund is now in large caps, up from 55% a year ago. In an interview with Mint, he also spoke about his outlook for the market, sectoral bets, and structural changes in the SBI Flexi Cap Fund.

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