Under the new rules, all buybacks will be taxed as capital gains, with corporate promoters required to pay an effective rate of 22 percent and non-corporate promoters facing 30 per cent, Sitharaman said in her union Budget 2026‑27 presented in Parliament.
The Budget identifies emerging technologies and AI as key enablers in fulfilling the government’s second Kartavya, meeting the aspirations of common citizens and strengthening their capacity to become active partners in India’s journey towards prosperity.
Finance Minister Nirmala Sitharaman on Sunday unveiled one of the most far-reaching tax reform packages in recent years, signalling a decisive shift towards simplified laws, lower litigation, easier compliance and a stronger alignment of India’s tax system with growth and global competitiveness.
Finance Minister Nirmala Sitharaman on Sunday announced a series of measures to strengthen India’s nuclear energy programme and secure access to critical minerals, outlining them as key pillars of the country’s long-term energy transition and manufacturing strategy in the union Budget for 2026-27.
In a landmark policy shift announced during the union Budget 2026 presentation, Finance Minister Nirmala Sitharaman on Sunday said that individual persons residing outside India will be permitted to invest directly in Indian equities through the Portfolio Investment Scheme.
Finance Minister Nirmala Sitharaman, in her ninth Budget speech, announced a sharp increase in capital expenditure for the Financial Year 2027, raising it to Rs 12.2 lakh crore, a figure that would have seemed aspirational a decade ago, when public capital expenditure barely crossed Rs 2 lakh crore.
Finance Minister Nirmala Sitharaman on Sunday outlined a landmark tax incentive for global technology firms in her presentation of the union Budget 2026‑27, aimed at positioning India as a premier global hub for cloud computing and digital infrastructure.
Presenting the union Budget 2026-27, union Finance Minister Nirmala Sitharaman said that keeping “Aatmanirbharta” as a “lodestar”, India has built “domestic manufacturing capacity”, strengthened “energy security”, and reduced “critical import dependencies”.
The union Finance Minister proposed an outlay of Rs 20,000 crore over the next five years for Carbon Capture Utilization and Storage (CCUS) technologies to scale up and achieve higher readiness levels in end-use applications.
Finance Minister Nirmala Sitharaman on Sunday announced the creation of a rare earth minerals corridor covering Tamil Nadu, Odisha, Andhra Pradesh and Kerala, underscoring the strategic importance of strengthening India’s critical minerals supply chain and building domestic capabilities in high-technology sectors.
