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Union Budget 2026 boosts new-age businesses with ISM 2.0, cloud push and other measures

The Budget has adopted a measured approach towards startups and entrepreneurs, prioritising ecosystem resilience and infrastructure-led growth over headline incentives.

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Budget 2026 eases tax compliance, cuts TCS, overhauls penalties; relief for IT, NRIs and small taxpayers

Finance Minister Nirmala Sitharaman unveiled significant tax reforms in the Union Budget 2026, slashing TCS rates on overseas travel and remittances for education/medical needs. The budget also introduces simplified tax return forms, extended filing deadlines, and a one-time foreign asset…

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Union Budget 2026: Key announcements for CFOs across tax, capital markets and industry

During her presentation, the FM, Nirmala Sitharaman unveiled a set of measures spanning corporate taxation, capital markets, clean technologies, infrastructure risk mitigation, logistics, advanced manufacturing and MSME financing – areas that directly shape corporate financial planning and capital allocation.

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Budget 2026 taps ICAI, ICSI for short-term skill courses to boost employability

The Union Budget 2026 will support ICAI and ICSI in developing short, modular courses to boost employability and job placement for young professionals. This initiative aims to bridge skill gaps and align training with industry needs, forming a key part…

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FM maintains fiscal prudence with 4.3% deficit target

The move aligns with expectations from credit agencies and market analysts that had forecast a deficit around this level, signalling confidence in nominal GDP growth, buoyant tax receipts, and controlled expenditure growth.

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MCX shares crash 15%, hit lower circuit amid deepening gold, silver rout

MCX shares plummeted 10% as gold and silver prices crashed 6% each, extending Friday’s worst-ever selloff. Profit-taking and a strengthening US dollar drove the correction. The exchange will hold a special Sunday trading session for the Union Budget 2026 presentation.

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News

  • RBI announces redemption price for SGB 2021-22 Series III, investors set for over 220% gains; check details

    The RBI has fixed the premature redemption price at ₹15,512 per unit for SGB 2021-22 Series III due on 8 June 2026.

  • Do you have to pay tax on your NRE deposit interest? Key rules NRIs should know

    NRE accounts allow NRIs to deposit foreign income in Indian rupees, facilitating free repatriation. Interest on NRE fixed deposits is exempt from Indian income tax, enhancing their appeal.

  • Nifty Midcap150 Momentum 50: This index combines mid-cap potential with momentum factor

    Nifty Midcap150 Momentum 50 Index includes 50 mid-cap stocks that have delivered the strongest momentum, thereby combining the growth potential of mid-caps with the momentum factor's ability to identify market leaders.

  • CAGR vs XIRR: Which is better for analysing mutual fund returns?

    The Compound Annual Growth Rate (CAGR) is the average annual rate of return of a lump-sum investment over a specific period. The Extended Internal Rate of Return (XIRR) is a return calculation method used for investments with multiple cash flows occurring on different dates.

  • A guide to government securities for retail investors: Meaning, ways to invest, benefits and risks

    Government securities (G-Secs) are debt instruments issued by the RBI on behalf of the central and state governments to raise funds from investors. These securities can be purchased in the primary market during government auctions or in the secondary market. 

  • HDFC, ICICI Prudential and Nippon are restricting gold ETF inflows. Here's why

    Gold ETF inflows are at record highs, but fund houses are becoming more selective about fresh subscriptions. Here's why the rupee, gold imports and bullion supply are driving the decision.

  • ITR filing AY 2026-27: How to claim TDS refund while filing your income tax return

    Tax Deducted at Source (TDS) is a way through which tax is collected in advance by deducting a certain amount from specified payments. A TDS refund becomes applicable when the amount of tax deducted from your income during a financial year is more than the tax you are actually required to pay.

  • Mango bonds and tree renting: a side of Alphonso in your portfolio

    Consumers are renting mango trees and buying so-called mango bonds to secure premium fruit directly from farms. But are these genuine investments or simply a smarter way to buy mangoes?

  • How to change or update your EPF nominee online: Step-by-step process here

    EPF members can update their nomination online at any time. This allows them to change beneficiaries. Here's the full process and what to do to make your nomination valid.

  • Top 5 multi-cap funds with lowest expense ratios and highest long-term returns for investors to track

    Are you looking for a multi-cap fund that charges low fees and delivers benchmark-beating returns? Here are the top 5 multi-cap funds that combine low expense ratios with strong return performance.

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