February 1, 2026

FM Sitharaman Eases Duty Rules for SEZ Manufacturing Sales to Domestic Market in 2026 Budget

Finance Minister Nirmala Sitharaman proposed a one-time concessional duty scheme for Special Economic Zone units to sell products domestically. This move aims to ease capacity use and boost exports.

February 1, 2026

FM Nirmala Sitharaman Proposes ₹100 Crore Boost for Big Municipal Bonds in Budget 2026

In Budget 2026, Finance Minister Nirmala Sitharaman offers ₹100 crore incentives for municipal bonds over ₹1,000 crore. Plans to restructure REC and PFC announced, plus a new banking committee.

February 1, 2026

FM Proposes Cut in TCS to 2% for Education, Medical, and Overseas Tours

Finance Minister Nirmala Sitharaman suggests lowering Tax Collected at Source (TCS) to 2% from 5% for education, medical value, and overseas tours. The new rate aims to ease remittances under the Liberalised Remittance Scheme (LRS).

February 1, 2026

Seven High-Speed Rail Corridors Announced in Budget 2026 for Greener Travel

Finance Minister Nirmala Sitharaman announced seven new high-speed rail routes to boost growth and promote eco-friendly transport across India. Major city pairs like Mumbai-Pune and Delhi-Varanasi will be connected. Kerala’s awaited project missed out this time.

February 1, 2026

FM Sitharaman Unveils ₹10,000 Cr Biopharma Investment, Advances Semiconductor Mission 2.0

Finance Minister Nirmala Sitharaman announced a ₹10,000 crore investment in biopharma over five years. She also detailed plans for semiconductor mission 2.0 and critical mineral support for key states.