Budget 2026: Key Financial and Tax Changes

The Indian government has announced several important changes in the Budget 2026.

The head of the State Bank of India, Mr. C.S. Shetty, suggested that the government should tax money made from stocks and bank savings in the same way.

This is to make things fairer, as other countries do not have different tax rules for these types of income.

The government also announced that Indians living abroad can now invest more money in Indian stocks through the Portfolio Investment Scheme.

They raised the investment limits for non-resident Indians.

Additionally, the government proposed setting up special funds called REITs to sell and manage land and buildings owned by government companies.

They also changed the tax rules for Sovereign Gold Bonds, making it so that only people who buy them directly from the government will not have to pay taxes when they sell them.

Lastly, the government increased the tax on trading in futures and options to reduce too much speculative trading.

These changes aim to make the financial system fairer and more stable.