Budget 2026: The immediate market reaction to Budget 2026 was sharp and emotional with the Indian stock markets cracking around 2% in the special budget session on Sunday, February 1. The increase in Securities Transaction Tax (STT) on futures and options, the absence of headline tax giveaways, and the pressure on brokerage and exchange stocks…
Budget 2026: The Indian stock market witnessed a sudden, sharp fall of up to 3% in intraday trade on Sunday, February 1, after Finance Minister Nirmala Sitharaman proposed a steep increase in Securities Transaction Tax on derivatives. STT on futures was raised to 0.05% from 0.02%, while STT on options transactions was increased to 0.15%…
Finance Minister Nirmala Sitharaman presented her ninth consecutive Budget today, achieving a milestone as she became the longest-serving Finance Minister. Sitharaman’s ninth Budget – inspired by ‘Kartavyas‘ or responsibilities – did not bring any new changes to income tax rates. The Narendra Modi-led dispensation, however, gave a massive push to manufacturing, tourism, health, sports, and…
