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February 1, 2026 1:14 PM

No change in income tax slabs in Union Budget 2026-27

Finance Minister Nirmala Sitharaman on Sunday kept income tax rates and slabs unchanged following last year’s major tax reforms. While the basic tax structure remains the same, the Finance Minister, presenting the Budget 2026-27, announced several...

February 1, 2026 12:59 PM

Union Budget: Fiscal deficit target pegged at 4.3% for 2026-27

In her Union Budget speech on Sunday, Finance Minister Nirmala Sitharaman pegged fiscal deficit at 4.3 per cent of the GDP for the year 2026-27, as against 4.4 per cent being targeted in 2025-26. The difference between total revenue and total expend...

February 1, 2026 10:53 AM

UPI transaction volume jumps 28% in January: NPCI data

Transactions on the Unified Payments Interface (UPI) recorded a 28 per cent year-on-year rise in volume to 21.70 billion in January, while the transaction value grew 21 per cent annually to Rs 28.33 lakh crore, data released by the National Payments ...

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Last updated on: 16th May 2026

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