February 1, 2026

Customs Duty Exemptions Extended for Lithium-ion Cell Manufacturing and Biogas Blended CNG in Budget 2026

Finance Minister Nirmala Sitharaman extends customs duty exemptions for capital goods used in lithium-ion cell production and exempts biogas value in blended CNG excise duty. Budget 2026 also plans new industrial and tourism projects.

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.