Domestic data centre companies are likely to benefit significantly from the Budget proposal offering a tax holiday of 20 years, as it will enable them to provide services to global clients without the risk of their foreign earnings being taxed in India, sources said. The Budget proposal, which offers a tax holiday of 20 years […]
Relying solely on the headline capital expenditure (capex) number in the Union Budget provides an incomplete picture of the government’s true infrastructure push. The budgeted capex for FY27, at Rs. 12.2 trillion versus the FY26 revised estimate of Rs. 10.96 trillion, does not fully capture the underlying trends for several reasons. First, the headline figure […]
Ahmedabad-based Kushal Sharma took a ₹50 lakh home loan for an under-construction, self-occupied property and paid ₹1.5 lakh in interest before taking possession. Budget 2026 has clarified that such prior-period (pre-construction) interest can be claimed in five equal instalments after the completion of construction. However, the total annual deduction for home-loan interest on a self-occupied […]
While Budget 2026 does not introduce any real estate–specific incentives, its sustained focus on development of planned growth clusters in tier-II and tier-III cities, including temple towns, is expected to unlock new opportunities across residential, industrial, logistics and mixed-use real estate in both established and emerging markets, say real estate experts. Budget 2026’s focus on […]
India’s budget for 2026-27, presented by Union Finance Minister Nirmala Sitharaman on Sunday, drew attention from business leaders across the country. Uday Kotak, founder of Kotak Mahindra Bank, took to X (formerly Twitter) to share his thoughts, describing it as a “budget for the real economy.” While noting the overall fiscal discipline, Uday Kotak highlighted […]
Indian bonds are likely to open sharply weaker on Monday, as investors digest a larger-than-expected borrowing plan for the next financial year, while the central bank’s bond-buying could lend some support. The benchmark 10-year 6.48 per cent 2035 bond yield is likely to be in the 6.71 per cent-6.77 per cent range, according to a […]
Uttar Pradesh’s share in the Union budget 2026-27 went up by approximately ₹34,000 crore to nearly ₹4.26 lakh crore, which includes central tax devolution and centrally sponsored schemes. BJP leaders watching live telecast of the budget presentation on Sunday. (HT Photo) In the 2025-26 Union budget, Uttar Pradesh was allocated ₹3.92 lakh crore. Uttar Pradesh’s share in […]
The budget has made an effort to simplify tax collection by proposing threshold and rate changes in tax collected at source (TCS), offering significant relief to overseas travellers, parents with children pursuing foreign education and those going for medical treatment.TCS on education and medical remittances has been lowered to 2% from 5%. Foreign tour packages […]
In engineering circles, efficient organisations live by KISS — Keep It Simple, Stupid. Ironically, simplicity is the hardest thing to achieve. In times past, budgets typically meant higher taxes or cumbersome compliance regimes that empowered tax authorities and unnerved citizens. For a generation raised on “tax terror,” Budget 2026 marks a decisive break from that legacy. […]