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Union Budget 2026: EY urges for defence boost & 4% fiscal deficit aim for FY27

India Budget: EY suggests the upcoming Budget should boost capital expenditure, focusing on advanced tech like AI, space, and robotics, alongside defense. While personal tax reforms may be limited, the report anticipates the fiscal deficit target will be met. Continued fiscal consolidation is advised to encourage private investment, with a call to increase public infrastructure in emerging technology sectors.

28 Jan 2026 3:38 pm