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The apparel sector, which is one of the worst hit due to the US tariff, expects the upcoming Budget 2026 to introduce a Focus Market Scheme (FMS) primarily for

The current HS Code structure for PCBAs is fragmented with differing tariff rates depending on application, which most often adds complexity and weakens the case for domestic manufacturing, as per industry insights.

With Budget 2026 weeks away, speculation is growing over whether the government will scrap the old tax regime. As over 75% taxpayers shift to the new system after major slab changes, experts say the old regime may soon become irrelevant even if it isn't formally withdrawn.

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The finance ministry has reportedly received a 20% hike request from South Block-well above the customary 8-10% annual increment.

Finance Minister Nirmala Sitharaman is set to present her record ninth consecutive Union Budget this year.

Historical trends indicate that the Indian market typically underperforms in January preceding a budget, with the Nifty falling in four of the last five years due to profit-booking and policy uncertainty, an analyst said.

CBDT may expand 'permanent establishment' definition for big tech & data centers, which could increase tax liability for foreign enterprises.

According to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday, carmakers dispatched 399,216 passenger vehicles to dealers in December, pushing October-December volumes to a record 1.28 million units

The Federation of Associations of Cottage and Small Industries (FACSI) has requested the central government to provide tax, credit and regulatory reli.