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EY India Demands Tax Clarity in Budget 2026
8 Jan
Summary
- EY India urges Union Budget 2026 to prioritize tax certainty.
- Focus on sector-led investments and PLI extension is requested.
- Reforms to boost private capital and global competitiveness are key.
As India approaches the Union Budget 2026, EY India has issued a strong call for a strategic fiscal roadmap. The firm emphasizes that prioritizing tax certainty is paramount to fostering a stable investment climate. This includes a clear and consistent tax regime that supports long-term business planning and encourages sustained economic growth.
EY India also advocates for targeted sector-led investments, a crucial element for driving economic expansion and innovation. Furthermore, the extension of Production Linked Incentive (PLI) schemes is deemed essential to build upon existing manufacturing successes and enhance India's global competitiveness. These initiatives aim to stimulate domestic production and exports.
The overarching objective of EY India's recommendations is to catalyze private capital and bolster India's position as a leading fast-growing economy. Reforms focused on improving dispute resolution mechanisms and promoting an environment conducive to innovation are also highlighted as vital for achieving these goals and reinforcing investor confidence in the nation's economic future.
