Key Highlights of the Union Budget 2026 from AKM Global

AKM Global presents highlights of the key changes introduced in the Union Budget 2026, announced today. The Budget reflects a calibrated and balanced policy approach, reinforcing growth momentum while maintaining fiscal discipline. Its continued emphasis on public capital expenditure, infrastructure development, and manufacturing-led expansion is timely, especially amid global economic uncertainty.

Structured around the three kartavya — accelerating growth, building capacity to meet evolving aspirations, and ensuring inclusive development— the Budget emphasizes reform continuity. Measures to ease compliance, rationalise duties, promote exports, and support the energy transition provide the stability needed to sustain private investment and medium-term growth.

Notably, tax proposals prioritise simplification and efficiency over short-term stimulus, signaling a clear intent to strengthen compliance and improve the quality of growth. At the same time, targeted initiatives in skilling, healthcare, regional development, and MSME support reinforce the inclusion agenda.

From a taxation perspective, several significant measures stand out, including time-bound unilateral APAs for the IT sector, an expanded scope of safe harbour provisions, and a substantial reduction in safe harbour rates for IT and KPO services. Together, these are expected to provide greater certainty to multinational enterprises and strengthen India’s appeal as a global business and technology hub.

Our highlights' document captures these major developments. A detailed report — including insights from the Economic Survey and deeper analysis of tax and regulatory updates — will be shared shortly.

Please click here to read the full highlights.

We hope you find these insights useful. Should you have any questions or feedback, please feel free to reach out to us at info@akmglobal.in.