financial year 2026-27

Bhubaneswar, April 1 The Odisha government withdrew four bills relating to a threefold increase in the salaries, allowances, and pensions of all MLAs, before Speaker Surama Padhy adjourned the budget session sine die, five days ahead of schedule.The bills, which were passed unanimously on the...

With the start of the new financial year today, a set of reforms, including key changes to financial regulations, will come into effect.The Income Tax Act, which has been in place for over six decades, will be replaced by the new Income Tax Act, 2025, starting today. This is designed to...

Bhubaneswar, March 31 The Odisha government withdrew four bills on Tuesday night relating to a threefold increase in the salaries, allowances, and pensions of MLAs, ministers, the chief minister, and others, before Speaker Surama Padhy adjourned the budget session sine die, five days ahead of...

New Delhi, March 30 – The government on Monday maintained the same interest rates for various small savings schemes, including the Public Provident Fund (PPF) and National Savings Certificate (NSC), for the first quarter of the 2026-27 financial year, starting April 1."The interest rates on...

New Delhi, March 30 The government on Monday maintained the same interest rates for various small savings schemes, including PPF and NSC, for the eighth consecutive quarter, starting April 1, 2026."The interest rates on various Small Savings Schemes for the first quarter of FY 2026-27...

Mumbai, March 29 CaratLane, a jewellery brand backed by the Tata Group, plans to open 40 stores in the coming financial year, 10 percent of which will be company-owned, a senior executive said."We currently have almost 50 stores, and we expect to add around 40 stores next year (2026-27)...

Mumbai, March 27 The Reserve Bank on Friday fixed the limit for Ways and Means Advances (WMA) for the first half of 2026-27 at ₹2.5 lakh crore to help the central government meet any temporary mismatch in receipts and payments.The Reserve Bank of India may initiate fresh issuance of market...

New Delhi, March 27 The Centre is planning to mobilize Rs 8 lakh crore through dated securities during the April-September period of 2026-27 to fund the revenue gap, the finance ministry said on Friday.Gross Market Borrowings in BE 2026-27 were Rs 17.20 lakh crore. Since the Budget...

New Delhi, March 26 With the increase in the number of domestic electricity consumers in Delhi, the city government's power subsidy bill has more than doubled in the past decade, according to a report.The Delhi government released a power subsidy of Rs 4,037.63 crore in the current fiscal...

Chandigarh, March 25 The Haryana Electricity Regulatory Commission (HERC) on Wednesday decided to keep the power tariff unchanged for the 2026-27 financial year, providing relief to over 83.79 million consumers in the state.The revised tariff will come into effect from April 1, 2026.The...

New Delhi, March 25 The Centre has allocated ₹450.53 crore for the next fiscal under the 'Modernisation of State Police Force' scheme, Minister of State for Home Affairs Nityanand Rai said in the Rajya Sabha.Responding to supplementary queries during Question Hour, the minister said the budget...

Gandhinagar, March 25 – The Gujarat government will open the ‘i-Khedut’ portal from March 27 to April 26 to accept online applications from farmers and livestock owners seeking assistance under the 148 components across agriculture, horticulture, and animal husbandry schemes for the 2026-27...

New Delhi, March 25 State-owned REC Ltd announced on Wednesday that its board has approved market borrowings of ₹1.6 lakh crore for the fiscal year 2026-27 at a meeting held on March 25.According to a regulatory filing, the market borrowings of ₹1,60,000 crore include raising up to ₹1,40,000...

Shimla, March 24 Himachal Pradesh BJP chief Rajeev Bindal said on Tuesday that the budget presented by the Sukhvinder Singh Sukhu-led government is "anti-people" as it imposes taxes on them.Addressing a press conference here, Bindal said this is the first time in Himachal Pradesh that a...

Gurugram, March 18 The Gurugram Municipal Corporation unanimously approved the budget estimate for the financial year 2026-27 in a special meeting held on Wednesday, an official said.Presenting the budget estimate, Chief Accounts Officer Vijay Kumar stated that estimates have been prepared for...

Ranchi, March 18 The Jharkhand government will set up cold storage facilities in each assembly constituency across the state, Agriculture Minister Shilpi Neha Tirkey told the assembly on Wednesday.Responding to a question, she said that a cold storage facility with a capacity of 5,000 metric...

New Delhi, March 18 – The Lok Sabha on Wednesday voted on the demands for grants for the Ministry of Agriculture and Farmers Welfare for the financial year 2026-27.The Ministry has been allocated ₹1,40,529 crore in the Union Budget, which represents a 5.4 per cent increase over the revised...

New Delhi, March 15 The National Highways Authority of India (NHAI) on Sunday said it has increased the rate of its annual pass by Rs 75 to Rs 3,075 for the 2026-27 financial year.The annual pass facility, launched on August 15, 2025, aims to provide financial relief to commuters using...

In Jammu and Kashmir, the Relief and Rehabilitation Commissioner (Migrants), Dr. Arvind Karwani, today chaired a meeting to review the ongoing development works in the Jammu migrant camps. An Akashvani Jammu correspondent reports that the Relief Commissioner also reviewed the needs and projects...

New Delhi, March 12 The Delhi Assembly's budget session is likely to begin on March 23. The proposal to hold the session will be approved in a Cabinet meeting chaired by Chief Minister Rekha Gupta, officials said on Thursday.According to the officials, the Delhi Economic Survey will be...