🚨 Budget 2026 Update FM Nirmala Sitharaman proposes support for professional institutions like ICAI and ICSI to design short-term modular courses for skill development. #UnionBudget #ProfessionalEducation

🚨 Budget 2026 Update FM Nirmala Sitharaman announces initiatives to develop the Buddhist circuit across Andhra Pradesh, Sikkim, Mizoram, and Tripura to boost cultural tourism. #UnionBudget #Tourism

🚨 Budget 2026 Update The government slashes TCS on overseas tour programme packages from 5% and 20% to 2%, with no value threshold. #UnionBudget #TaxRelief

🚨 Budget 2026 Update Taxpayers will now be able to file a revised ITR up to March 31 by paying a nominal fee, easing compliance. #UnionBudget #IncomeTax

🚨 Budget 2026 Update FM Nirmala Sitharaman proposes a rule-based automated process for small taxpayers, aimed at simplifying compliance from FY27. #UnionBudget #TaxCompliance

🚨 Budget 2026 Update Interest awarded by Motor Accident Claims Tribunals to individuals will be exempt from income tax, and TDS on such interest will be removed. #UnionBudget #TaxRelief

🚨 Budget 2026 Update • Trust returns (non-audit cases): Due date extended to 31 August • LRS remittances: TCS reduced from 5% to 2% • Futures trading: STT increased to 0.05% #UnionBudget #TaxUpdates

🚨 Budget 2026 Update FM proposes to exempt customs duty on aviation components and parts, supporting domestic aviation manufacturing and maintenance. #UnionBudget #Aviation

🚨 Budget 2026 Update TCS rates reduced to 2% on overseas tour packages (from 5% and 20%) and on remittances for education and medical purposes under LRS. #UnionBudget #DirectTaxes

🚨 Budget 2026 Update The government proposes to increase the duty-free limit for specified inputs used in leather and synthetic footwear manufacturing. #UnionBudget #Manufacturing

🚨 Budget 2026 Update New income tax slabs under the default new tax regime for FY 2026–27 announced, with nil tax up to ₹4 lakh and revised progressive rates thereafter. #UnionBudget #IncomeTax

🚨 Budget 2026 Update FM Nirmala Sitharaman proposes to increase the limit for duty-free imports of specified inputs used in processing seafood exports from 1% to 3% of FOB value, and extend similar duty-free benefits to shoe uppers for exports. #UnionBudget #Exports

🚨 Budget 2026 Update The government announces basic customs duty exemption on 17 drugs and medicines and adds 7 rare diseases for exemption on imported medicines and special medical food. #UnionBudget #Healthcare

🚨 Budget 2026 Update A new Infrastructure Risk Guarantee Fund will be set up to provide partial credit guarantees to lenders for priority infrastructure projects. #UnionBudget #Infrastructure

🚨 Budget 2026 Update FM proposes that all share buybacks will now be taxed as capital gains, updating the tax treatment for shareholders. #UnionBudget #CapitalGainsTax

🚨 Budget 2026 Update TDS on sale of immovable property by NRIs will now be deducted by resident buyers, improving compliance clarity. #UnionBudget #TaxCompliance

🚨 Budget 2026 Update All share buybacks will now be taxed as capital gains, changing the tax treatment for shareholders. However, to disincentivize this use of tax arbitrage, promoters will pay an additional buyback tax. #UnionBudget #CapitalGains

🚨 Budget 2026 Update Depositories will be allowed to accept Form 15G / 15H from taxpayers holding securities across multiple companies. #UnionBudget #IncomeTax

🚨 Budget 2026 Update A one-time 6-month foreign asset disclosure scheme is proposed for small taxpayers. Taxpayers will also be allowed to update returns even after reassessment, by paying an additional 10% tax over the applicable rate. #UnionBudget #TaxCompliance

Union Budget 2026 is out, and the details matter more than the headlines. Our founder, Shrijay Sheth, shares what stood out for startups and MSMEs, especially around credit, tax, and compliance. Read here 👇 linkedin.com/pulse/budget-2… #UnionBudget #Budget2026