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Budget-Philosophy

Tax Relief Reshapes Budget Philosophy
Tax Relief Reshapes Budget Philosophy
The government is passing the budget for fiscal year 2026-27 with sweeping last-minute changes aimed at making the economy more private sector-driven. As part of that shift, it has granted extensive tax exemptions and duty benefits to a range of sectors, including industry, information technology, renewable energy, electric vehicles, the capital market, and the digital economy. Stakeholders believe the government has chosen these economic recovery measures and investment-friendly policies...
Economy•01 July 2026