https://www.taxtmi.com/news?id=69606 The Union Budget 2026-27 raises the capital expenditure target to Rs 12.2 lakh crore, offers long-term tax incentives for global data centres, proposes a Securities Transaction Tax hike on derivatives, overhauls share buyback taxation to protect minority shareholders, reduces select TCS rates and grants procedural relief for revised tax returns, and follows the 16th Finance Commission recommendation to keep states' share of central taxes at 41% for five years. en-us Sun, 01 Feb 2026 21:31:05 +0530 Sun, 01 Feb 2026 21:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69606 The Union Budget 2026-27 raises the capital expenditure target to Rs 12.2 lakh crore, offers long-term tax incentives for global data centres, proposes a Securities Transaction Tax hike on derivatives, overhauls share buyback taxation to protect minority shareholders, reduces select TCS rates and grants procedural relief for revised tax returns, and follows the 16th Finance Commission recommendation to keep states' share of central taxes at 41% for five years. News - Sun, 01 Feb 2026 21:31:05 +0530 https://www.taxtmi.com/news?id=69606