As India's Union Budget 2026 approaches, EY India has put forth recommendations focusing on tax certainty and smoother implementation of the new Income Tax Act. The firm suggests rationalizing Tax Deducted at Source (TDS) by reducing the number of payment types and rates, and advocates for a seamless transition to the new Income Tax Act. EY also proposes expanding Production-Linked Incentives to futuristic tech sectors like AI and robotics, alongside measures to boost job creation and decriminalize certain tax offenses to improve the ease of doing business.