Category: Business

Budget 2026 expectations: Deloitte calls for customs duty overhaul; seeks higher allocations for exports

Rationalising import duties and stepping up budgetary allocations in the upcoming Union Budget could give a strong push to domestic manufacturing and exports, Deloitte India said on Tuesday.The consulting firm said the Budget for 2026-27, which is scheduled to be presented on February 1, should build on the government’s ongoing efforts to strengthen manufacturing at […]

Budget 2026: Will old income tax regime be discontinued leaving new regime as the only option?

Fundamentally, the government wants to move towards an income tax return regime with minimal deductions and exemptions. (AI image) Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on February 1, 2026 and like every year common man and taxpayers, especially salaried are watching out for possible changes on the income tax front. One […]

US sanctions Iran: Additional 25% tariffs to have minimal impact on India, say government sources – here’s why

AI image (Picture credit: Google Gemini) India is unlikely to face any major impact from the 25 per cent tariff announced by the US President Donald Trump on countries doing business with Iran, as per government sources cited by news agency ANI, who pointed to India’s limited trade exposure with Tehran.Newly announced US tariffs are […]

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