With the General Budget 2026-27 set to be unveiled in less than two weeks, industry voices are loud and clear: the government must streamline business processes to empower traders. This comes at a time when simplifying trade has become crucial for economic growth.
Tax expert Manmohan Srivastava highlighted recent wins, like hiking the tax-free income threshold to Rs 12 lakh and streamlining GST into two slabs under GST 2.0. These moves have eased the burden on ordinary citizens and businesses alike.
Looking ahead, Srivastava points to persistent GST portal glitches. Notices often go unchecked, forcing unwarranted tax outflows. Reviving postal notifications for resolved cases could be a game-changer, he argues.
On the empowerment front, Zenab calls for targeted initiatives in healthcare and beyond for women. Enhanced safety protocols and incentives for advanced studies would unlock their potential, she notes.
This pivotal budget, the ninth in a row by Nirmala Sitharaman, underscores her enduring legacy. Outpacing C.D. Deshmukh, she eyes matching Morarji Desai’s record of 10 if she presents in 2028.