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Budget lays blueprint for digital ecosystem

Business Standard

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February 02, 2026

Budget 2026 is an intentional and ambitious one — From manufacturing growth to services supremacy, from technology consumption to AI-powered transformation.

- ARUNDHATI BHATTACHARYA

This is the blueprint for a $7 trillion economy built on intelligence, not just scale.The strategic architecture is multifaceted. The tax holiday until 2047 for cloud services isn’t merely a fiscal incentive — it’s a masterstroke in data sovereignty that transforms India into a global cloud hub. By ensuring Indian data stays in India while attracting an estimated $50 billion in data centre investments by 2030, the government has created irresistible economics for what could position us as the cloud services provider for emerging markets.

MÁS HISTORIAS DE Business Standard

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Hard-hit SEZs thrown a lifeline

To cushion exporters from the impact of the 50 percent tariff imposed by the US, Finance Minister Nirmala Sitharaman on Sunday announced a onetime measure to allow units in special economic zones (SEZs) to utilise idle capacity and shore up export competitiveness in sectors hit hardest by the levy.

time to read

1 mins

February 02, 2026

Business Standard

Capex focus continues, allocation raised 11.5%

Govt increases Special Assistance to States for Capital Investment by 28.5%

time to read

2 mins

February 02, 2026

Business Standard

Budget reflects a maturing economy

The Budget reflects a clear focus on strengthening India’s long-term prospects by leaning on nation-building sectors such as infrastructure, manufacturing, and technology while maintaining fiscal responsibility.

time to read

2 mins

February 02, 2026

Business Standard

Business Standard

A future-ready step

The Budget proposes about a 10 per cent increase in capital expenditure to ₹12.2 trillion, amounting to over 4.4 per cent of GDP, which reinforcesthe government's structural vision for sustained, infrastructure-led development.

time to read

1 min

February 02, 2026

Business Standard

Buyback proceeds to be treated as capital gains

The government has proposed another significant overhaul of the taxation framework for share buybacks, shifting the tax treatment of proceeds from dividend income to capital gains.

time to read

2 mins

February 02, 2026

Business Standard

Business Standard

Railways to see record ₹2.92 trn capex

Union Budget for 2026-27 raises capital outlay by 10%; announces new freight corridor from Dankuni to Surat

time to read

3 mins

February 02, 2026

Business Standard

Time to realise capex benefits

Budget 2026-27 reflects reassuring continuity in the Railways' performance.

time to read

3 mins

February 02, 2026

Business Standard

Pharma leap: Volume to value-based growth

The Budget sets out a structural reform-driven roadmap, balancing growth imperatives with social inclusion, and signalling continuity through resilience and innovation.

time to read

2 mins

February 02, 2026

Business Standard

Business Standard

Oppn slams Budget for 'failing' the test of economic strategy

The Opposition, including ruling parties of West Bengal, Kerala and Tamil Nadu, three of four states slated for Assembly polls by April-May, criticised the Union Budget for failing the test of economic strategy and also offering little for their respective states.

time to read

2 mins

February 02, 2026

Business Standard

Business Standard

MAT rationalisation to help migration to new tax regime

Budget extends full MAT exemption to all non-residents opting for presumptive taxation

time to read

2 mins

February 02, 2026

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