https://www.taxtmi.com/news?id=69491 Union Budget 2026-27 is framed as a growth-oriented fiscal instrument focusing on sectoral investment in manufacturing, biopharma, AI, urban development, textiles and tourism, combined with targeted welfare measures. It includes commitments to reduce the fiscal deficit to 4.3 per cent of GDP, simplify income tax procedures for small taxpayers, provide substantial Finance Commission grants to subnational governments, and introduce measures to reduce prices of critical medicines. en-us Sun, 01 Feb 2026 16:31:04 +0530 Sun, 01 Feb 2026 16:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69491 Union Budget 2026-27 is framed as a growth-oriented fiscal instrument focusing on sectoral investment in manufacturing, biopharma, AI, urban development, textiles and tourism, combined with targeted welfare measures. It includes commitments to reduce the fiscal deficit to 4.3 per cent of GDP, simplify income tax procedures for small taxpayers, provide substantial Finance Commission grants to subnational governments, and introduce measures to reduce prices of critical medicines. News - Sun, 01 Feb 2026 16:31:04 +0530 https://www.taxtmi.com/news?id=69491