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Friday, September 4, 2026
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Union Budget

IN-SPACe and stakeholders propose Rs 1,000-crore VC fund to boost space industry

In Short:The Indian government has proposed a Rs 1,000-crore venture capital fund to support the space sector, aiming to boost India's space economy five...

Government plans to eliminate angel tax on startup investments

In Short:Finance Minister Nirmala Sitharaman announced the removal of angel tax for all classes of investors in startups to support innovation. She also proposed...

Telecom equipment PCBA duty to increase from 10% to 15%

In Short:Finance minister Nirmala Sitharaman proposed raising the basic customs duty on printed circuit board assembly (PCBA) for specified telecom equipment from 10% to...

Budget to introduce new scheme to encourage medical equipment manufacturers.

In Short:The Union Budget may introduce a new scheme to promote domestic manufacturing of medical devices to achieve self-reliance and reduce healthcare costs. The...

Telecom industry urges tax reform, RoW rules, Telecom Act clarity

In Short:The telecom industry is seeking tax reforms and timely implementation of RoW rules in the upcoming budget to boost financial strength and expand...

Space industry seeking government support to expand into global markets

In Short:In an interview with Mint, the chairman of In-Space mentioned that they have submitted demands to the finance ministry, which might include strategic...

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