Union Budget 2026: Taxes

Updated - February 02, 2026 06:46 pm IST

As a growing economy, India must remain deeply integrated with the global markets, exporting more, and attracting stable long-term investments, Finance Minister Nirmala Sitharaman said on Sunday (February 1, 2026).

In her Budget speech, Ms. Sitharaman said the Customs Integrated System will be rolled out in two years as a single, integrated and scalable platform for all the Customs processes.

The Budget delivered a mixed bag to the capital markets, prioritising long-term capital instruments over short-term ones. While raising tax on derivative transactions, the FM increased investment limits for NRIs, rationalised taxation on share buybacks, and proposed measures to deepen bond markets.

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