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The Budget has also proposed to increase the limit for duty-free imports of specified inputs for processing seafood for export to 3% from 1% of Free On Board value for the same.

The law guarantees 125 days of wage employment per rural household in each financial year to such rural households whose adult members volunteer to undertake unskilled manual work.

With the Budget announcements, public reactions also began pouring in on Sunday, reflecting their happiness, disappointment and humour through memes.

The exemption — valid until 2047 — marks an unprecedented effort to attract large-scale digital infrastructure investment to India.

The government had earmarked Rs 1.71 lakh crore towards fertiliser subsidy in the previous year.

Sitharaman noted that tax forms have been redesigned to ensure "ordinary citizens can comply without difficulty," marking a major shift toward user-friendly processes.

Nirmala Sitharaman has announced the launch of Bharat Vistaar, a multilingual AI-powered agricultural tool to boost farm productivity and reduce risks for farmers.

Union Budget 2026 Cheaper & Costlier Items: The government has reduced customs duty on life-saving drugs, nuclear equipments, leather products, and more.

Finance Minister Nirmala Sitharaman raised the government's infrastructure push in the Union Budget, proposing capital expenditure of Rs 12.2 lakh crore for FY27.

In her speech, FM Nirmala Sitharaman said the government would support states in creating five regional medical hubs in partnership with the private sector.

In her speech, the finance minister further proposed to 'develop 15 archeological sites', including Lothal, Dholavira, Rakhigarhi, Sarnath, Hastinapur, Leh Palace into 'vibrant experiential cultural destinations'.

The government framed the document around three guiding Kartavya pillars—productivity-led growth, national capacity creation and universal opportunity access

With the Budget 2026 presentation, Nirmala Sitharaman created a new record by becoming the only Finance Minister to deliver nine consecutive Budgets.

From STT hike to modest capex here is why the markets crashed in the special budget session.

The proposed review, Finance Minister Nirmala Sitharaman said, will aim to align the sector with the country's next phase of growth while protecting financial stability, inclusion and consumer interests.

The Finance Minister also said India has the potential to emerge as a global hub for high quality and affordable sports goods.

The STT hike follows previous regulatory concerns expressed by the Securities and Exchange Board of India (SEBI) regarding the rising participation of retail investors in the risky F&O segment.

The move aims to lower the cost of production for domestic manufacturers.

ICICI Bank will revise credit card benefits from February 2026, scrapping BookMyShow movie offers on some cards.

According to the minister, these proposed corridors will be developed between Mumbai and Pune, Pune and Hyderabad, Hyderabad and Bengaluru, Hyderabad and Chennai, Chennai and Bengaluru, Delhi and Varanasi and Varanasi and Siliguri.