https://www.taxtmi.com/news?id=69389 Proposal to reduce the debt-to-GDP ratio to 55.6% in FY27 is paired with a Rs 5,000 crore, five-year allocation for City Economic Regions. The Budget retains a 41% tax devolution formula per finance commission recommendations and includes programmatic funding for a Buddhist circuit in the Northeast and support to scale assisted-devices manufacturing. en-us Sun, 01 Feb 2026 12:31:04 +0530 Sun, 01 Feb 2026 12:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69389 Proposal to reduce the debt-to-GDP ratio to 55.6% in FY27 is paired with a Rs 5,000 crore, five-year allocation for City Economic Regions. The Budget retains a 41% tax devolution formula per finance commission recommendations and includes programmatic funding for a Buddhist circuit in the Northeast and support to scale assisted-devices manufacturing. News - Sun, 01 Feb 2026 12:31:04 +0530 https://www.taxtmi.com/news?id=69389