The Budget introduces bond market reforms, foreign investment liberalisation, and sector-focused incentives. These measures aim to deepen liquidity and unlock growth opportunities for corporate India.
The government has withdrawn an earlier central excise exemption notification with effect from 2 February 2026. The rescission is prospective, ensuring past actions under the old notification remain valid.
The government has comprehensively amended customs duty exemptions by withdrawing many entries from April–May 2026 while extending several strategic exemptions up to March 2028. The move realigns incentives with policy priorities in energy, defence, healthcare, and manufacturing.
The Budget unveils ISM 2.0 with fresh funding to deepen domestic semiconductor capabilities across design, materials, and equipment. The move targets resilient supply chains and skilled workforce development.
The Budget extends deductions for primary cooperatives to cattle feed and cotton seed supplies while easing tax treatment of dividend income. The move aims to improve financial sustainability and member benefits.
The Budget exempts non-residents paying tax on a presumptive basis from MAT while offering targeted income tax holidays. These measures aim to improve tax certainty and attract foreign investment.
The Budget introduces exemptions, lower TCS rates, and simplified compliance to reduce taxpayer burden. Key relief includes tax-free MACT interest and extended timelines for return revision.
The Budget confirms that the Income Tax Act, 2025 will take effect from 1 April 2026 with redesigned rules and forms. The move aims to simplify understanding and improve voluntary compliance.
The Budget outlines a three-pronged framework focused on economic growth, capacity building, and inclusive development. Higher public investment and sector-specific reforms form the core strategy.
The Budget outlines large-scale manufacturing, infrastructure, and services reforms while maintaining a declining fiscal deficit and debt trajectory.
