Articles tagged under: Union Budget 2026

Union Budget to Boost Gujarat’s Pharma, Textile, MSME and Semiconductor Sectors: CM

February 05, 2026
Union Budget to Boost Gujarat’s Pharma, Textile, MSME and Semiconductor Sectors: CM

Gandhinagar: Chief Minister Bhupendra Patel hailed the Union Budget 2026 as forward-looking, stating that it lays a strong foundation for building Viksit Bharat under Prime Minister Narendra Modi, based on three main pillars of duty. Explaining these three duties, he stated that the budget reflects a commitment to accelerating economic growth with sustainable development, ensuring active public participation in the nation’s prosperity through capacity building while fulfilling people’s aspi...Read More

Budget 2026 allocates ₹17,366 crore for railway infrastructure in Gujarat

February 03, 2026
Budget 2026 allocates ₹17,366 crore for railway infrastructure in Gujarat

Gandhinagar: Gujarat has received a record ₹17,366 crore allocation in the Railway Budget 2026–27, which is nearly 29 times higher than the average allocation during the Congress-led UPA period, Union Railway Minister Ashwini Vaishnaw said on Monday. According to the railway ministry, during the period 2009 to 2014, Gujarat’s average annual railway budget stood at ₹589 crore. In contrast, the allocation for 2026–27 has surged to ₹17,366 crore, reflecting a nearly 29-fold increase....Read More

કેન્દ્રીય બજેટ 2026માં ગુજરાત માટે ₹20,011 કરોડની મોટી જોગવાઈ

February 02, 2026
કેન્દ્રીય બજેટ 2026માં ગુજરાત માટે ₹20,011 કરોડની મોટી જોગવાઈ

કેન્દ્રીય બજેટ 2026માં ગુજરાત રાજ્યના સર્વાંગી વિકાસને કેન્દ્રમાં રાખીને વિશેષ મહત્વ આપવામાં આવ્યું છે. દેશના આર્થિક વિકાસમાં સતત અગ્રેસર રહેલા ગુજરાત રાજ્યની ઔદ્યોગિક, વ્યાપારી અને માળખા...Read More

Gujarat to receive Rs 57,310 crore as share of central taxes in 2026–27

February 02, 2026
Gujarat to receive Rs 57,310 crore as share of central taxes in 2026–27

Gandhinagar: Gujarat is expected to receive Rs 57,310.86 crore as its share of central tax revenue in the financial year 2026–27, as outlined in the Union Budget presented by Finance Minister Nirmala Sitharaman on Sunday. The state’s allocation has risen steadily over the past two years, showing an overall increase of nearly 30 per cent. Gujarat received Rs 44,019.68 crore in 2024–25 and Rs 48,763.47 crore in 2025–26. The projected jump of around Rs 13,291 crore is likely to boost the s...Read More

GIFT City entities get 20-year tax holiday in Budget 2026

February 01, 2026
GIFT City entities get 20-year tax holiday in Budget 2026

New Delhi: The International Financial Services Centre (IFSC) at GIFT City, envisioned as a global financial hub and a key channel for foreign capital inflows, has received a significant fiscal push through enhanced tax incentives. According to the Union Budget announcements, entities established in GIFT City will now be eligible for a tax holiday of 20 years, doubled from the earlier 10-year benefit. Once the holiday period ends, these units will be taxed at a concessional rate of 15%, as outl...Read More

7 new high-speed rail corridors announced in Budget; Gujarat to gain wider connectivity

February 01, 2026
7 new high-speed rail corridors announced in Budget; Gujarat to gain wider connectivity

New Delhi: With India’s first high-speed rail project, the Ahmedabad–Mumbai Bullet Train, currently under construction, Finance Minister Nirmala Sitharaman today announced that seven new high-speed rail corridors will be developed across the country. Presenting the Union Budget 2026–27 in Parliament, the Finance Minister said the proposed corridors will act as “growth connectors”, promoting environmentally sustainable passenger transport systems. “In order to promote environmentall...Read More

Dankuni-Surat Dedicated Freight Corridor announced in Budget 2026; To connect Gujarat to Bengal

February 01, 2026
Dankuni-Surat Dedicated Freight Corridor announced in Budget 2026; To connect Gujarat to Bengal

Surat: In a significant push towards environmentally sustainable logistics and infrastructure development, Union Finance Minister Nirmala Sitharaman on Saturday announced the establishment of a new Dedicated Freight Corridor (DFC) connecting Dankuni in West Bengal to Surat in Gujarat during her presentation of the Union Budget 2026–27 in the Lok Sabha. The initiative aims to strengthen the efficient and eco-friendly movement of cargo across eastern and western India, aligning with the...Read More