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Budget 2026 Pitches Sports Goods Push, Launches Khelo India Mission to Build Jobs and Talent Pipeline

Synopsis: IT The Union Budget 2026-27 has proposed a dedicated sports goods initiative to promote manufacturing, research and innovation and position India as a global hub for affordable, high-quality equipment, while also launching a Khelo India Mission to transform the sports sector over the next decade through talent development, coaching, sports science, competitions and infrastructure…

India’s Budget 2026 Pushes Major FEMA Overhaul to Simplify Foreign Investment Framework

Synopsis: IT In her ninth consecutive Union Budget, Finance Minister Nirmala Sitharaman proposed a comprehensive review of the FEMA (Non-Debt Instruments) Rules to modernise and simplify India’s foreign investment regime, aimed at boosting regulatory clarity and attracting overseas capital.   New Delhi: In a significant move aimed at bolstering foreign capital inflows and making India’s…

India Moves to Staggered Tax Filing Schedule in Budget 2026 to Ease Compliance

Synopsis: IT In her Union Budget 2026 speech, Finance Minister Nirmala Sitharaman proposed a staggered tax return filing schedule to replace the traditional single window deadline for income tax returns.   New Delhi: In a major procedural reform announced as part of the Union Budget 2026-27, Finance Minister Nirmala Sitharaman introduced a staggered schedule for…