Latest News, Breaking News Today - Entertainment, Cricket, Business, Politics - AnyTV News
  • Home
  • News
    • Regional
    • India
    • World
  • Politics
    • Election
  • Business
  • Sports
  • Entertainment
    • Bollywood
    • Hollywood
    • Reviews
  • Automobiles
  • Lifestyle
    • Health
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Agriculture
  • Astrology
  • Education
  • Viral News
No Result
View All Result
  • Home
  • News
    • Regional
    • India
    • World
  • Politics
    • Election
  • Business
  • Sports
  • Entertainment
    • Bollywood
    • Hollywood
    • Reviews
  • Automobiles
  • Lifestyle
    • Health
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Agriculture
  • Astrology
  • Education
  • Viral News
No Result
View All Result
Latest News, Breaking News Today - Entertainment, Cricket, Business, Politics - AnyTV News
No Result
View All Result
Home Business

Who got the upper hand in Budget 2026 and who was left empty handed? What did the taxpayers and the general public get?

by Rajiv Mishra
February 2, 2026
in Business
0 0
Who got the upper hand in Budget 2026 and who was left empty handed? What did the taxpayers and the general public get?
0
SHARES
15
VIEWS
Share on WhatsAppShare on Twitter

Union Finance Minister Nirmala Sitharaman presented the budget for the financial year 2026-27 on February 1. As always, this budget brought both relief and pressure to different sectors of the economy. The main objective of the budget presented on Sunday was to maintain the country’s development, reforms and economic stability. While prioritizing growth and increasing spending on infrastructure, the government has also shown tightening in some areas to strengthen its revenue position.

What relief did the tax payers get?

Talking about the relief measures, the government has tried to provide relief to the tax payers by simplifying the income tax rules instead of giving direct relaxation in the tax slabs. This includes giving additional time to file revised income tax returns, reducing tax penalties and decriminalizing certain technical or unintentional mistakes. It is expected that these measures will reduce the mental burden on tax payers and increase their confidence in the tax system.

The government has also relaxed rules to promote foreign investment. The aim of increasing investment limits and simplifying some tax related provisions is to make India a more attractive place for investment. Its objective is to increase capital inflows and boost economic activity in the long run.

What did consumers get?

From a consumer perspective, the Budget also includes reduction in custom duty on several life-saving drugs and essential medical supplies, which is likely to reduce treatment costs. However, a section of consumers have been disappointed due to lack of special relief on some digital products and items of daily use. Overall, the Budget tries to strike a balance between growth and revenue balance, but relief for the common man looks limited.

What are the benefits?

Now no custom duty will be imposed on 17 types of life saving medicines. These include cancer medicines, medicines and special food for seven types of rare diseases. Custom duty reduced on microwave oven

Reduction in custom duty on many types of capital goods extended

Measures taken to promote exports of textiles, leather and marine products

Share buyback will be taxable, and will be treated as capital gain for all shareholders

Tags: BusinessPersonal Finance

Stay Informed with AnyTVNews!

Subscribe now to get breaking news alerts, exclusive stories, and real-time updates straight to your device. Be the first to know what's happening—local, national, and global news, all in one place.

📲 Tap “Allow” to stay connected!

Unsubscribe

Related Posts

Fuel Price Shock: The general public may face a new shock of inflation, there is a possibility of petrol and diesel prices increasing by ₹ 2.5 more.
Business

Fuel Price Shock: The general public may face a new shock of inflation, there is a possibility of petrol and diesel prices increasing by ₹ 2.5 more.

June 4, 2026
Share Market Closing: After huge fluctuations throughout the day, the market closed flat, biggest decline in these sectors
Business

Share Market Closing: After huge fluctuations throughout the day, the market closed flat, biggest decline in these sectors

June 4, 2026
Physicswala to exit student financing business, will now partner with NBFC
Business

Physicswala to exit student financing business, will now partner with NBFC

June 4, 2026

Recommended

safdf

Will the common man benefit from the new GST? Nirmala Sitharaman made a big announcement

9 months ago
People's attitude towards epilepsy is more dangerous than epilepsy, know what things should be kept in mind

People’s attitude towards epilepsy is more dangerous than epilepsy, know what things should be kept in mind

7 months ago
Bihar: A large number of weapons recovered in Motihari before elections, couple arrested

Bihar: A large number of weapons recovered in Motihari before elections, couple arrested

7 months ago
Mahindra XEV 9S (15)

Mahindra XEV 9S to launch in February 2026, leaving Windsor EV and Nexon EV behind

2 months ago

Trending

PM Modi and Venezuela's acting President Rodriguez discussed building energy partnership: External Affairs Ministry
News

PM Modi and Venezuela’s acting President Rodriguez discussed building energy partnership: External Affairs Ministry

by AnyTV
June 4, 2026
0

1 of 1 : Thursday, June 04, 2026 7:27 PM New Delhi. Indian Prime Minister Narendra Modi...

Panchak Mein Kya Nahi Karna Chahiye: Do not do this work even by mistake in Panchak, it is believed that problems may increase.

Panchak Mein Kya Nahi Karna Chahiye: Do not do this work even by mistake in Panchak, it is believed that problems may increase.

June 4, 2026
On the allegation of pressurizing a former employee for conversion, Wipro said - fully cooperating in the investigation

On the allegation of pressurizing a former employee for conversion, Wipro said – fully cooperating in the investigation

June 4, 2026
पीएम मोदी 5 जून को गुजरात और दमन के दौरे पर रहेंगे; 21,700 करोड़ से अधिक की परियोजनाओं की देंगे सौगात

PM Modi will visit Gujarat and Daman on June 5; Will gift projects worth more than Rs 21,700 crore

June 4, 2026
Fuel Price Shock: The general public may face a new shock of inflation, there is a possibility of petrol and diesel prices increasing by ₹ 2.5 more.

Fuel Price Shock: The general public may face a new shock of inflation, there is a possibility of petrol and diesel prices increasing by ₹ 2.5 more.

June 4, 2026
Latest News, Breaking News Today - Entertainment, Cricket, Business, Politics - AnyTV News

AnyTVNews is a leading digital news channel in India, delivering fast, reliable updates on politics, sports, entertainment, and local events. Known for its accuracy and timely reporting, it has earned trust nationwide and remains a popular choice among viewers.

Recent News

  • PM Modi and Venezuela’s acting President Rodriguez discussed building energy partnership: External Affairs Ministry June 4, 2026
  • Panchak Mein Kya Nahi Karna Chahiye: Do not do this work even by mistake in Panchak, it is believed that problems may increase. June 4, 2026
  • On the allegation of pressurizing a former employee for conversion, Wipro said – fully cooperating in the investigation June 4, 2026

Topics

  • Agriculture
  • Astrology
  • Automobiles
  • Bollywood
  • Business
  • Education
  • Election
  • Entertainment
  • Health
  • Hollywood
  • India
  • Lifestyle
  • News
  • Politics
  • Regional
  • Reviews
  • Sports
  • Technology
  • Uncategorized
  • Viral News
  • World

© 2026 AnyTV News Network

  • About Us
  • Contact
  • Advertise With Us
  • DMCA Policy
  • Privacy Policy
  • Terms & Conditions

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Regional
    • India
    • World
  • Politics
    • Election
  • Business
  • Sports
  • Entertainment
    • Bollywood
    • Hollywood
    • Reviews
  • Automobiles
  • Lifestyle
    • Health
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Agriculture
  • Astrology
  • Education
  • Opinion
  • Viral News

©2026 AnyTV News Netwrok