Business
Gold price prediction: What’s the gold rate outlook for September 8, 2025 week – should you buy or sell? – The Times of India
Gold price prediction today: Gold prices are likely to remain well supported in the near-term, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd. He shares the outlook on gold prices and strategy for gold investors:Gold prices surged to record highs on both Comex and the domestic front last week, while silver also hit new domestic peaks and touched its highest level on Comex since 2011, driven by safe-haven demand amid escalating geopolitical tensions and growing expectations of a US Federal Reserve rate cut. Investor sentiment was further bolstered by weak US labor market data, including a sharp slowdown in non-farm payrolls, which rose by just 22,000 in August against expectations of 75,000, and a rise in the unemployment rate to a near four-year high of 4.3%.These developments have solidified expectations for a 25-bps rate cut at the Fed’s upcoming September meeting, with markets now pricing in a nearly 100% probability and even starting to discount a 10% chance of a larger 50-bps cut. Central bank buying added further support, with China increasing its gold reserves for the 10th straight month and Poland proposing to raise its reserve target from 20% to 30%.ETF inflows into gold hit their highest since June 2023, and speculators increased net long positions by over 20,000 contracts. Despite some profit booking, gold held firm near the key $3,600 level and is on track for its best week in three months.This week, all eyes are on the upcoming US inflation data—Consumer Price Index (CPI) and Producer Price Index (PPI)—scheduled just days ahead of the critical Federal Reserve meeting. These data points will be key in confirming whether inflationary pressures are easing enough to warrant the expected 25 or more rate cut. A softer-than-expected inflation data could further weigh on the Dollar index, which has already been under pressure, and further support the bullion rally.Conversely, if inflation surprises to the upside, it may complicate the Fed’s decision for additional rate cuts ahead and influence Governor Powell’s speech at the meet, potentially capping some gains for gold and Silver. However, with labor market data already showing clear signs of cooling and market participants fully pricing in a cut, gold is likely to remain well-supported unless inflation data drastically changes the outlook.Stance: Buy on Dips.Supports and Resistances: 1,06,000 to 1,04,000 – 1,08,000 to 1,10,000(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
India’s budget focuses on infrastructure and defence spending and tax breaks for data-centre investments.
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New Income Tax Act 2025 to come into effect from April 1, key reliefs announced in Budget 2026
New Delhi: Finance Minister Nirmala Sitharaman on Sunday said that the Income Tax Act 2025 will come into effect from April 1, 2026, and the I-T forms have been redesigned such that ordinary citizens can comply without difficulty for ease of living.
The new measures include exemption on insurance interest awards, nil deduction certificates for small taxpayers, and extension of the ITR filing deadline for non-audit cases to August 31.
Individuals with ITR 1 and ITR 2 will continue to file I-T returns till July 31.
“In July 2024, I announced a comprehensive review of the Income Tax Act 1961. This was completed in record time, and the Income Tax Act 2025 will come into effect from April 1, 2026. The forms have been redesigned such that ordinary citizens can comply without difficulty, for) ease of living,” she said while presenting the Budget 2026-27
In a move that directly eases cash-flow pressure on individuals making overseas payments, the Union Budget announced lower tax collection at source across key categories.
“I propose to reduce the TCS rate on the sale of overseas tour programme packages from the current 5 per cent and 20 per cent to 2 per cent without any stipulation of amount. I propose to reduce the TCS rate for pursuing education and for medical purposes from 5 per cent to 2 per cent,” said Sitharaman.
She clarified withholding on services, adding that “supply of manpower services is proposed to be specifically brought within the ambit of payment contractors for the purpose of TDS to avoid ambiguity”.
“Thus, TDS on these services will be at the rate of either 1 per cent or 2 per cent only,” she mentioned during her Budget speech.
The Budget also proposes a tax holiday for foreign cloud companies using data centres in India till 2047.
Business
Budget 2026 Live Updates: TCS On Overseas Tour Packages Slashed To 2%; TDS On Education LRS Eased
Union Budget 2026 Live Updates: Union Budget 2026 Live Updates: Finance Minister Nirmala Sitharaman is presenting the Union Budget 2026-27 in Parliament, her record ninth budget speech. During her Budget Speech, the FM will detail budgetary allocations and revenue projections for the upcoming financial year 2026-27. Sitharaman is notably dressed in a Kanjeevaram Silk saree, a nod to the traditional weaving sector in poll-bound Tamil Nadu.
The budget comes at a time when there is geopolitical turmoil, economic volatility and trade war. Different sectors are looking to get some support with new measures and relaxations ahead of the budget, especially export-oriented industries, which have borne the brunt of the higher US tariffs being imposed last year by the Trump administration.
On January 29, 2026, Sitharaman tabled the Economic Survey 2025-26, a comprehensive snapshot of the country’s macro-economic situation, in Parliament, setting the stage for the budget and showing the government’s roadmap. The survey projected that India’s economy is expected to grow 6.8%-7.2% in FY27, underscoring resilience even as global economic uncertainty persists.
Budget 2026 Expectations
Expectations across key sectors are taking shape as stakeholders look to the Budget for support that sustains growth, strengthens jobs and eases financial pressures:
Taxpayers & Households: Many taxpayers want practical improvements to the income tax structure that preserve simplicity while supporting long-term financial planning — including broader deductions for home loan interest and diversified retirement savings options.
New Tax Regime vs Old Tax Regime | New Income Tax Rules | Income Tax 2026
Businesses & Industry: With industrial output and investment showing resilience, firms are looking for policies that bolster capital formation, ease compliance, and expand infrastructure spending — especially in manufacturing and technology-driven sectors that promise jobs and exports.
Startups & Innovation: The startup ecosystem expects incentives around employee stock options and capital access, along with regulatory tweaks that encourage risk capital and talent retention without increasing compliance burdens.
Also See: Stock Market Updates Today
The Budget speech will be broadcast live here and on all other news channels. You can also catch all the updates about Budget 2026 on News18.com. News18 will provide detailed live blog updates on the Budget speech, and political, industry, and market reactions.
We are providing a full, detailed coverage of the union budget 2026 here, with a lot of insights, experts’ views and analyses. Stay tuned with us to get latest updates.
Also Read: Budget 2026 Live Streaming
Here are the Live Updates of Union Budget 2026:
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