The policy promises long term certainty for foreign investors and data centre expansion, but Indian cloud founders warn it may deepen reseller dependence unless parallel incentives are created to support domestic platforms and technology ownership.
India’s Union Budget 2026 has laid out an ambitious but fiscally cautious roadmap, with the government placing big numbers on the table for spending, taxation, borrowing and deficit reduction
The existing Income Tax Act has 23 chapters containing 536 sections and 16 schedules. The new Bill with 298 sections and 14 schedules will be more concise the existing act. Once passed in the Parliament, the Bill will come into effect from April 1, 2026
Days after the Maldives Monetary Authority (MMA) sent a warning letter to the Finance Ministry warning about exhausting usable reserves of the country, the state's usable dollar reserves have actually run out, reported Adhadhu,
In a major relief for the Indian start-up ecosystem, during the budget speech, the Finance Minister announced that “angel tax” for all classes of investors has been abolished.