Union Budget 2026: Catalyzing Growth Through Tax Reform | Headlines

Contributing sentiments towards policy:

66% : Recent reforms under GST 2.0 have proven that simplification and tax moderation can drive impressive revenue growth.
57% : The upcoming Union Budget 2026 should prioritize expanding the direct tax base, incentivizing private investment, and retaining peak direct tax rates to foster growth and employment.
56% : A think tank report emphasizes the need to expand the direct tax base, incentivize private sector investment, and freeze peak tax rates to stimulate economic growth and create jobs.
55% : The report 'Shaping India's New Taxation Ideology: Simplification, Moderation and Growth' challenges the traditional notion that higher tax rates are necessary for boosting collections.
53% : The Union Budget 2026 is on the horizon, and experts are calling for transformative changes to the nation's tax framework.
51% : Policymakers must ensure taxation aids long-term economic expansion, not constrain it.
50% : Policymakers are urged to carry forward GST reform principles to direct taxes, focusing on policy certainty and compliance-driven growth.
43% : The advisory calls for freezing peak tax rates and expanding the tax base through technology, avoiding MRP-based taxation, and completing the GST input credit chain.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.