https://www.taxtmi.com/news?id=69628 The Budget projects government borrowing of Rs 17.2 lakh crore to fund a fiscal deficit of 4.3% of GDP, signalling fiscal discipline while potentially pressuring investor sentiment. Early trading saw the rupee strengthen as crude prices eased, but analysts identified 92.00 as a near term pivot for USD/INR. Concurrently, higher securities transaction tax on derivatives and changes to buyback taxation raised market costs, contributing to equity weakness and foreign institutional selling. en-us Mon, 02 Feb 2026 10:31:03 +0530 Mon, 02 Feb 2026 10:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69628 The Budget projects government borrowing of Rs 17.2 lakh crore to fund a fiscal deficit of 4.3% of GDP, signalling fiscal discipline while potentially pressuring investor sentiment. Early trading saw the rupee strengthen as crude prices eased, but analysts identified 92.00 as a near term pivot for USD/INR. Concurrently, higher securities transaction tax on derivatives and changes to buyback taxation raised market costs, contributing to equity weakness and foreign institutional selling. News - Mon, 02 Feb 2026 10:31:03 +0530 https://www.taxtmi.com/news?id=69628