EY India Urges Budget 2026 for Growth, Tax Certainty & Sector Investments

• EY India calls for Budget 2026 to prioritize growth continuity, tax certainty, and targeted sector-led investments amid global economic uncertainty.
• Recommends extending PLI scheme to new tech sectors like AI, space, robotics, and public investments to catalyze private capital.
• Proposes indirect tax reforms including a Customs dispute resolution scheme and extending Customs Advance Rulings validity to 5 years.
• Stresses direct tax predictability, clarity for New Income Tax Act 2025 transition, and rationalizing TDS framework.
• Suggests reintroducing accelerated depreciation, increasing employee cost limit for incentives, and clarifying digital asset taxation.

Why It Matters: EY India advocates for Budget 2026 to ensure economic growth, tax predictability, and strategic sector investments.