Thu, May 21, 2026 | UPDATED 12:27 IST
Business News
Feb 01, 2026
Union Finance Minister Nirmala Sitharaman, in her customary post-Budget press conference, said the government is giving a push to the economy to maintain the growth momentum.
"Budget signals forward looking vision for travel and tourism sector", EaseMyTrip CMD Nishant Pitti
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More News
Union Budget 2026 signals strong momentum for India's travel and tourism sector: EaseMyTrip CEO Rikant Pittie
One of the most impactful announcements for the sector is the reduction in Tax Collected at Source (TCS) on overseas tour packages to a flat 2%. By easing the upfront financial burden on travellers, this policy is set to enhance affordability, encourage outbound travel, and stimulate demand. This move will benefit both consumers and the broader tourism economy.
"Budget 2026 focused on growth and Yuva Shakti," says FICCI President
One of the key takeaways for the industry leader was the sense of predictability in the government's policy direction. Goenka described the document as "a budget that reflects continuity and stability," noting that "the areas which the government has been speaking on over the years, continues to get that focus." Among these persistent priorities, he specifically called out the "continued focus on reform" as a vital sign for businesses.
Industry leaders welcome Budget 2026, see strong push for infrastructure, MSMEs and inclusive growth
Industry leaders across real estate, finance, manufacturing and capital markets have largely welcomed the Union Budget 2026, calling it growth-oriented, people-centric and supportive of long-term economic resilience, with a strong thrust on infrastructure, urban development and MSMEs
'Orange Economy': FM Sitharaman proposes content creator labs in schools, colleges
"Our reaction to the Budget is positive", says CII President Rajiv Memani
Nifty down 1.5%, Sensex loses 1000 pts as Sitharaman hikes Securities Transaction Tax
Budget 2026-27: Sitharaman proposes Rs 20,000 crore outlay for carbon capture technologies
Union Budget: Govt brings IT services under single category, boosts tax certainty
Budget 2026: STT raised on F&O to discourage derivatives trading
Budget 2026 announces tax relief for accident victims, cuts TCS on foreign travel, education
Budget 2026: Nirmala Sitharaman proposes Rs 100 crore incentive for single bond issuance of more than Rs 1000 crore to encourage Municipal Bonds
Budget 2026: FM proposes community owned retail outlets for women entrepreneurs
Union Budget 2026-27: Sitharaman unveils initiative for high-quality sports manufacturing
Union Budget: Govt to launch coconut promotion scheme, boost cashew and cocoa sectors
Budget 2026: Govt to set up high-powered Education to Employment panel to assess AI impact on jobs
Budget 2026: Fiscal deficit target pegged at 4.3% for 2026-27
FM Sitharaman launches India's Semiconductor Mission 2.0 with Rs 40,000 cr outlay
Budget 2026: FM Sitharaman proposes key components to promote labour intensive textile sector
