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India budget increases TCS on coal and lignite transactions

pre-market1 source ↓written by the desknot a recommendation

1%

India's Union Budget 2026–27 introduces a 2% tax collected at source (TCS) on coal and lignite, up from 1%. This policy aims to streamline tax compliance and enhance revenue, impacting energy security and industrial costs. The move is crucial as coal remains a primary energy source for power and manufacturing sectors.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 3 Feb 2026, 07:13 IST.

Sourcesnews.google.com

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