Announced in Union Budget 2026 by Finance Minister Nirmala Sitharaman, the new institute will augment mental health infrastructure in northern India, complementing the first NIMHANS located in Bengaluru.

Union Budget 2026: Is mental health finally getting the attention it deserves with NIMHANS 2.0?

Finance Minister Nirmala Sitharaman announced the measure during her Budget speech in Parliament today, noting it aims to ease compliance burdens for individuals who may have unintentionally missed reporting foreign assets.

Relief for small taxpayers? Union Budget 2026 offers a six-month window to disclose foreign income

India Budget 2026 proposed tax holidays for foreign-operated data centres and higher safe harbour limits for IT services. The aim is to attract global tech companies to India, and investment in sectors like AI  and cloud computing

India Budget 2026: Tax holiday for foreign data centre operators; safe harbour margin for IT services to boost sector

Until now, overseas tour packages attracted TCS ranging between 5 per cent and 20 per cent, depending on the amount spent under the Liberalised Remittance Scheme (LRS).

Budget 2026: Foreign travel gets cheaper! FM Nirmala Sitharaman cuts TCS on overseas tour packages

India’s Budget 2026: Amid tariff tensions, trade wars and supply chain bottlenecks, Indian finance minister announced proposals focused on easing export–import procedures, faster cargo clearances, and customs duty relief. A digital system to tackle clearances  is also on the cards

India budget 2026: Single window customs clearance, export–import easing, cargo reforms to address supply chain issues amid global uncertainties

According to the official PIB video of the Budget speech, Sitharaman’s proposals lasted around 81 minutes or 1 hour 21 minutes and focused on reforms, growth, railways, roads connectivity, and ensuring that the dividends of growth reach farmers, scheduled castes, scheduled tribes, and youth.

Union Budget 2026: How long was FM Nirmala Sitharaman’s 9th consecutive Budget speech?

The individual limit is set to be increased from 5 per cent to 10 per cent, while the combined cap for all such investors is proposed to rise from 10per cent to 24 per cent.

How does Union Budget 2026 make it easier for NRIs to invest in India?

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budget highlights-2026

Union Budget 2026: Is mental health finally getting the attention it deserves with NIMHANS 2.0?

Relief for taxpayers: Budget 2026 gives 6-month window to declare foreign income

India Budget 2026: Tax holiday for data centres and other IT sector proposals

Budget 2026: FM Nirmala Sitharaman cuts TCS on overseas tour packages

India budget reforms tariffs, customs, cargo clearance amid global uncertainties

Budget 2026: How long was FM Nirmala Sitharaman’s 9th consecutive Budget speech?

How does Union Budget 2026 make it easier for NRIs to invest in India?