New vs Old Tax Regime after Budget 2026: Which income tax regime should you choose for FY 2026-27? Tax rates, slabs explained

Union Budget 2026: Every year, one of the main components of the Budget presentation is the income tax, as taxpayers keenly watch for changes in the slabs, tax rates and other factors — which may ease their tax burden! However, post Finance Minister Nirmala Sitharaman’s Union Budget speech, the income tax framework remains unchanged from…

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Budget 2026: Space department allocation rises to Rs 13,706 crore, capital spend gains pace

BENGALURU: The Department of Space (DoS) has been allocated Rs 13,705.6 crore for 2026-27, marking a steady rise over the revised estimate of Rs 12,448.6 crore in the current fiscal. The increase is driven largely by higher capital expenditure, signalling a push towards new launch vehicles, satellite infrastructure and upcoming exploration missions .Of the total…

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FM brings IT services under single category in Union Budget: What this means for IT companies

Union Budget 2026 recognises the Indian IT sector as one of the key growth drivers for the country’s economy. Union Finance Minister Nirmala Sitharaman proposed a single category for companies offering IT services in the country. Highlighting India’s position as a global leader in software development services, IT-enabled services, Knowledge Process Outsourcing (KPOs) and contract…

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Union Budget 2026: FM Sitharaman flags health challenges; unveils Rs 10,000 crore Biopharma Shakti

. Finance minister Nirmala Sitharaman, while presenting the Union Budget 2026–27 on Sunday, unveiled a Rs 10,000 crore biopharma initiative and announced the expansion of Ayurveda institutions to meet growing global demand for traditional medicine. To bolster India’s position as a global biopharma hub, the Budget proposed Biopharma Shakti, a new initiative with an outlay…

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