Budget 2026: KPMG Urges Tax Clarity, Faster Dispute Resolution for Ease of Doing Biz

• KPMG's pre-Budget survey highlights expectations for tax simplification and faster dispute resolution in India's Union Budget 2026-27.
• The report flags over 540,000 pending tax appeals, emphasizing the need for clearer tax laws and quicker case disposal.
• Key recommendations include granting tax neutrality for fast-track demergers and rationalizing holding periods for slump sale transactions to 24 months.
• KPMG suggests clearer MAT exemptions for foreign companies, streamlined definition of Associated Enterprises, and dividend tax exemption for IFSC investors.
• GST reforms proposed include deleting Section 13(8)(b) of IGST Act, simplifying post-sale discount provisions, and introducing provisional refunds for inverted duty structures.

Why It Matters: KPMG's Budget 2026 recommendations focus on tax reforms to boost India's economic momentum and ease of doing business.