1. SME Growth Fund Announced in Union Budget
The Union Budget 2026–27 proposed a dedicated SME Growth Fund to help promising small and medium enterprises expand and improve access to growth capital.
Exam Facts
- Fund: SME Growth Fund
- Corpus: ₹10,000 crore
- Announced in: Union Budget 2026–27
- Objective: Scale-up of SMEs
- Sector: MSME Development
2. IT Safe-Harbour Threshold Increased
The Union Budget proposed a major increase in the safe-harbour threshold for information-technology services.
Exam Facts
- Previous threshold: ₹300 crore
- New threshold: ₹2,000 crore
- Sector: IT Services
- Purpose: Ease of compliance
- Announcement: Union Budget 2026–27