Budget 2026 income tax: Will GST-style fewer tax slabs be brought under new income tax regime?

Tax experts believe that while the new income tax regime reduces the tax outgo for many taxpayers, the multiple slabs add to confusion. (AI image) Budget 2026 income tax expectations: Taxpayers in India are looking at Finance Minister Nirmala Sitharaman’s speech for announcements related to simplification of income tax slabs, returns, compliance and more. India…

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Budget expectations 2026: Recycling industry seeks open scrap trade; flags tariff risks to circular economy

As global tariff uncertainty reshapes trade flows, leaders from the recycling industry have urged policymakers to prioritise open markets and ease cross-border movement of scrap and reusable materials in the Union Budget 2026, arguing that unrestricted trade is critical to building a resilient circular economy.Speaking at the International Material Recycling Conference (IMRC) 2026 here, industry…

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Over 80% of below 40 entrepreneurs self-made

MUMBAI: Nearly four out of five of India’s leading young entrepreneurs are self-made, underscoring a shift in the country’s business landscape from inheritance to merit, according to the Avendus Wealth – Hurun India Uth Series 2025. The report shows that about 80% of business leaders under 40 featured in the ranking are first-generation founders.The study…

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‘Drawn to set of new ideas’: Deepinder Goyal to step down as CEO of Zomato parent company Eternal; names Albinder Dhindsa as replacement

Zomato’s parent company Eternal Limited CEO Deepinder Goyal is stepping down from his role, subject to shareholder approval, to pursue high-risk, experimental ideas outside the public company. He will transition to Vice Chairman on the board, with Albinder Dhindsa named as his successor. NEW DELHI: Food delivery platform Zomato‘s parent company Eternal Limited’s CEO Deepinder…

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Budget 2026 real estate expectations: Affordability, tax rationalisation & more; here’s what the sector wants

Budget 2026 is drawing closer and the real estate sector is seeking policy continuity, targeted fiscal measures and long-pending reforms to keep the sector on track.Acording to industry leaders, the updoming Budget can help strengthen confidence across residential, commercial and mixed-use projects by addressing housing affordability, infrastructure-led urban growth, access to capital and faster regulatory…

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Budget 2026 MSMEs & startups wishlist: Industry bodies seek liquidity relief; call for easier compliance

As the Union Budget 2026 approaches, industry bodies have flagged key expectations focused on easing pressure on micro, small and medium enterprises (MSMEs) and strengthening the startup ecosystem amid funding constraints and regulatory challenges. With employment generation and entrepreneurship high on the policy agenda, stakeholders are looking for targeted measures that address cash-flow stress, compliance…

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‘Make in India’ boost: Customs duty on some electronics increased to 20%; govt aims to boost locally manufactured goods

The Centre on Wednesday revised customs duties on display-related products to support domestic electronics manufacturing and fix the existing duty structure. The Union finance ministry raised the Basic Customs Duty (BCD) on flat panel displays to 20%, while reducing the duty on open cells and key components to 5%. The changes are aimed towards strengthening…

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