Union Budget 2026 | Union Budget News Updates | Onmanorama

ADVERTISEMENT

specials

Budget News

Centre unveils NMP 2.0 with ₹10 lakh crore target; to cover key sectors including highways, ports

NMP 2.0 aims to strengthen the overall monetisation ecosystem and foster improved collaboration among stakeholders.
India
Why did Nirmala Sitharaman refuse to shut down off-budget entities like KIIFB

The Union government's hesitation to act on the 16th Finance Commission's recommendation is reportedly due to concerns about adversely affecting other 'friendly states' like Andhra Pradesh, which have significantly higher off-budget debts.
Thiruvananthapuram
UNION BUDGET Ex-Finance Secretary Subhash Chandra Garg decries hollow project announcements in Union Budget

On the revenue front, Garg raised concerns over a shrinking tax base and 'excessive exemptions' that have caused a significant decline in GST and income tax collections.
Ernakulam
UNION BUDGET Analysis | Union Budget 2026: Will fiscal discipline come at the cost of growth?

The Union Budget, presented by Finance Minister Nirmala Sitharaman, emphasizes fiscal prudence and macroeconomic stability by lowering fiscal deficit and debt-to-GDP targets, which critics argue has led to a restrained approach to growth. While government expenditure is set to increase modestly, falling short of the nominal GDP growth ambition, the budget prioritizes supporting MSMEs, deemed a crucial engine for employment and growth, and introduces measures to bolster India's digital infrastructure and attractiveness for global operations. The budget avoids overt populism, favoring increased allocations to existing schemes, and signals a preference for stability over market exuberance by increasing the Securities Transaction Tax on derivatives, though the omission of capital gains tax rationalization for debt instruments disappointed investors, suggesting a strategy of consolidation and continuity over the expansion of new entitlements, with future economic expansion dependent on a more proactive financial sector and potentially a greater acceptance of debt-funded growth, a path the current budget appears hesitant to fully embrace due to concerns over public debt levels.
Business
UNION BUDGET Turtles hog troll fest in Kerala after union budget spurns state's ambitious plans

The Union Finance Minister Nirmala Sitharaman's proposal of "turtle trails" along key coastal nesting sites in Kerala, Odisha, and Karnataka in the 2026-27 budget has unexpectedly sparked a widespread meme fest across Kerala.
Thiruvananthapuram
‘Blot on tax administration’: Kerala CM writes to FM Sitharaman, seeks judicial probe into C J Roy’s death

Kerala Chief Minister Pinarayi Vijayan has written to Union Finance Minister Nirmala Sitharaman requesting a judicial inquiry into the January 30 death by suicide of C J Roy, head of the Confident Group, during an Income Tax department search.
Thiruvananthapuram
View this post on Instagram

A post shared by Onmanorama (@onmanorama)
UNION BUDGET Budget 2026: Important income tax changes that matter to you

The changes aim to make compliance easier, improve cash flows, and reduce procedural hurdles.
Business
UNION BUDGET Kerala asked for high-speed train, got scheme for turtles in Union Budget: Pinarayi

In a statement issued, Vijayan said Finance Minister Nirmala Sitharaman had chosen to ignore the fact that Kerala is an integral part of the country.
Thiruvananthapuram
UNION BUDGET Overseas travel & education to get cheaper; alcohol, umbrellas offer limited relief

Overseas travel and education costs are reduced through lower tax collected at source (TCS) on tour packages and Liberalised Remittance Scheme (LRS) expenses
Business
Analysis | 16th Fin Commission junks Kerala's demands & deficit grants, ups divisible pool share by 0.46%

Kerala and most other states wanted the divisible tax pool (income tax and excise duties) to be shared 50-50 between the Union and states.
Thiruvananthapuram

Results 1-10 of 295

Morarji-Desai-budget — Morarji Desai checks budget documents. Photo: Manorama archives

Manmohan-singh-budget — Manmohan Singh ahead of Union Budget. File photo: PIB archives

yashwant-sinha-budget — Yashwant Sinha ahead of Union Budget. File Photo: Manorama archives

vp-singh-budget-1986 — VP Singh checks documents ahead of Union Budget in 1986. File Photo: Manorama archives

pranab-mukherjee-budget2 — Pranab Mukherjee checks documents ahead of Union Budget. File Photo: Manorama archives

INDIA-BUDGET/ — P Chidambaram ahead of Union Budget. File photo: Manorama archives

arun-jaitley-budget — Arun Jaitley ahead of presenting the Union Budget. File photo: Manorama archives

PTI7_5_2019_000100B — Nirmala Sitharaman presents Union Budget. Photo: Manorama

Morarji-Desai-budget

Manmohan-singh-budget

yashwant-sinha-budget

vp-singh-budget-1986

pranab-mukherjee-budget2

INDIA-BUDGET/

arun-jaitley-budget

PTI7_5_2019_000100B

ADVERTISEMENT

News & Specials
Now on WhatsApp

Get latest news updates and Onmanorama exclusives on our WhatsApp channel.

LATEST FROM KERALA