EY India has recommended that the Union Budget 2026 extend the Production-Linked Incentive (PLI) scheme to new technology sectors like AI, space, and robotics. The firm also emphasized the need for tax certainty, a one-time Customs dispute resolution scheme, and simplification of the customs tariff structure. Experts suggest the upcoming budget will likely focus on simplifying the tax structure and improving the new tax regime rather than offering significant new tax relief, given concessions in the previous year.