The insurance industry is demanding a dedicated tax deduction to bridge India's massive protection gap. As Budget 2026-27 approaches, the focus shifts to whether the Finance Ministry will finally decouple life covers from the crowded Section 80C.
Finance Minister Nirmala Sitharaman is reportedly planning a radical consolidation of income tax slabs for Budget 2026. This 'GST-style' overhaul aims to simplify the tax code and unlock a ₹2 lakh crore consumption boom for India's middle class.
Finance Minister Nirmala Sitharaman’s Budget 2026 delivers a high-speed upgrade to India’s fiscal plumbing. From GST automation to AI-led audits, the new compliance regime aims to unlock billions in enterprise liquidity.
