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![Interest awarded by MACT will be exempted from Income Tax: FM [Read Finance Bill 2026] Interest awarded by MACT will be exempted from Income Tax: FM [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/500x300_2122863-interest-awarded-mact-exempted-income-tax-fm-taxscan.webp)
Interest awarded by MACT will be exempted from Income Tax: FM [Read Finance Bill 2026]
The Union Budget for the Financial Year 2026–27 was presented by Finance Minister Nirmala Sitharaman in the Lok Sabha today (Sunday, 1 February...


![ITR-1 & ITR-2 Filing Deadline Set for 31 July; Non-Audit Business/ Trust Returns Due by 31 August: FM [Read Finance Bill 2026] ITR-1 & ITR-2 Filing Deadline Set for 31 July; Non-Audit Business/ Trust Returns Due by 31 August: FM [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/250x150_2122866-union-budget-2026-budget-scan-2026-itr-1-deadline-itr-2-deadline-itr-1-itr-2-filing-deadline-income-tax-deadlines-trust-returns-fm-tax-filing-announcement-taxscan.webp)
![Union Budget 2026-27: Government Launches Biopharma Shakti with ₹10,000 Cr Outlay over 5 years to Position India as a Global Bio‑Pharma Hub [Read Finance Bill 2026] Union Budget 2026-27: Government Launches Biopharma Shakti with ₹10,000 Cr Outlay over 5 years to Position India as a Global Bio‑Pharma Hub [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/250x150_2122862-union-budget-2026-27-government-launches-biopharma-shakti-india-global-bio-pharma-hub-taxscan.webp)
![Union Budget 2026 LIVE: Credit Growth, Inclusion & Banking for Viksit Bharat [Read Finance Bill 2026] Union Budget 2026 LIVE: Credit Growth, Inclusion & Banking for Viksit Bharat [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/250x150_2122859-union-budget-2026-live-credit-growth-inclusion-banking-viksit-bharat-taxscan.webp)
![Budget 2026: Government Targets Global Markets with Coconut, Cashew, Cocoa and Sandalwood Push [Read Finance Bill 2026] Budget 2026: Government Targets Global Markets with Coconut, Cashew, Cocoa and Sandalwood Push [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/250x150_2122858-budget-2026-global-markets-coconut-cashew-cocoa-sandalwood-push-taxscan.webp)
![Budget 2026: Textile Industry ‘Adorned’ by Mega Manufacturing Parks, R&D and Legacy Clusters [Read Finance Bill 2026] Budget 2026: Textile Industry ‘Adorned’ by Mega Manufacturing Parks, R&D and Legacy Clusters [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/500x300_2122855-budget-2026-textile-industry-mega-manufacturing-parks-r-d-legacy-clusters-taxscan.webp)




