To discourage misuse of tax arbitrage, promoters will be subject to an additional buyback tax, raising the effective tax rate to 22 per cent for corporate promoters and 30 per cent for non-corporate promoters, she stated.Read More

Indian markets fell sharply in Budget weekend trade after a surprise STT hike on futures and options. Sensex and Nifty slid nearly 2% as analysts warned of volatility, weak sentiment below key levels, and continued pressure from derivatives taxation changes.Read More

NSE’s long-awaited IPO may debut in 7–8 months after Sebi approval, with 4–4.5% stake sold via offer for sale. CEO Ashish Chauhan said pricing will depend on market conditions, aiming mainly to provide liquidity to existing shareholders and transparency.Read More

Several Nifty 500 companies delivered exceptional Q3FY26 profit growth, with net profits rising over 150% year-on-year. Energy, real estate, finance, metals, and capital goods firms dominated the list, reflecting a low base effect, cyclical recovery, and improved operating leverage, according to StockEdge profitability scan data in the December quarter period.Read More

LIC CEO & MD R Doraiswamy described the Union Budget as a visionary roadmap for India’s ambition to become a top three global economy. He highlighted the focus on strategic industries, MSMEs, and rural income growth, expecting market sentiment to improve as the broader development push is assessed.Read More

Raamdeo Agrawal praised Budget 2026 as transformative for India’s digital future, citing data centre tax holidays and capex push. Despite STT-led volatility, he said strong fiscal discipline, infrastructure spending and IT clarity sustain India’s long-term earnings and growth outlook.Read More

Gold prices rebounded nearly 7% on MCX after a brutal selloff ahead of Budget 2026. Profit booking, margin pressures and lack of jewellery-sector relief weighed on bullion, while silver stayed flat after historic volatility following record crashes in both metals.Read More

Union Budget FY27 eases tax norms for IT and software exporters by expanding safe harbour limits, simplifying transfer pricing, improving buyback taxation, and offering long tax holidays to foreign cloud firms using Indian data centres, enhancing competitiveness and investment appeal.Read More

Budget 2026 proposes capital gains tax exemption for Sovereign Gold Bonds only if purchased directly from RBI and held until maturity. Secondary market SGBs will lose tax benefits, aiming to reward patient investors over speculators, though bond prices fell sharply.Read More

Morgan Stanley maintains a bullish stance on Indian equities post-Budget, citing cyclical growth support, structural reforms, capex push, and long-term policy focus on semiconductors, AI, and data centres to sustain earnings and premium valuations.Read More