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February 1, 2026 5:00 PM

India’s real GDP projected to grow by 7.4% in FY 2025-26

India’s economy is projected to maintain strong growth momentum, with real GDP estimated to expand by 7.4 per cent in FY 2025-26, while nominal GDP growth is pegged at 8 per cent, according to the Macroeconomic Framework Statement tabled in Parliam...

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...

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