Budget 2026: What is a tax holiday? What Nirmala Sitharaman announced in her Budget speech

Union finance minister Nirmala Sitharaman on Sunday announced a tax holiday till 2047 for foreign companies providing cloud services globally using data centres located in India, signalling a major push to strengthen the country’s digital infrastructure.Presenting the Union Budget for FY 2026-27 Sitharaman said, “I propose to provide tax holiday till 2047 to any foreign…

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Union Budget 2026: Nirmala Sitharaman announces three-Kartavya framework to accelerate economic growth

NEW DELHI: The Union Budget 2026 introduced a structured three-Kartavya framework to accelerate economic growth, fulfill citizen aspirations, and ensure universal access to resources. “This three-part approach aims to strengthen inclusivity and resilience, benefiting farmers, youth, women, disadvantaged groups, and every region through sustained reform momentum,” said Union finance minister Nirmala SitharamanHere are the key…

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From ‘bahi-khata’ to tablet: Tracing Nirmala Sitharaman’s Union Budget journey since 2019

Finance minister Nirmala Sitharaman Finance minister Nirmala Sitharaman is set to present her ninth consecutive Union Budget on February 1, marking a rare Sunday sitting and a first in independent India’s history. The Union Budget for FY27 (April 2026–March 2027) is expected to outline measures to sustain growth momentum, maintain fiscal discipline and push reforms…

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‘Will do something substantial if …’ : Trump warns Canada over potential China deal; negotiates with Iran

US President Donald Trump has warned Canada of a “very substantial” American response if it proceeds with a trade agreement with China, while at the same time signalling a softer stance towards Iran by saying Tehran was “talking to” Washington even as US military deployments in the region continued.Speaking to reporters aboard Air Force One…

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