Finance Minister Nirmala Sitharaman announced in the Union Budget 2026–27 that interest on compensation awarded by the Motor Accident Claims Tribunal (MACT) will be tax-free and exempt from TDS, effective from April 1, 2026, to ease hardship for victims and families.
Condemning the Centre's vindictive attitude towards Telangana, the Chief Minister said though Sitharaman allocated funds to Andhra Pradesh under the AP Reorganization Act, the name of Telangana was nowhere in her speech.
"The discussion on debt servicing on Wednesday was "absolutely positive" with all stakeholders, including China, "positively engaged," said Finance Minister Nirmala Sitharaman on Thursday