
Union Budget 2026: Budget Has Simplified Compliance, Claims Tax Experts
The Tax Practitioner Association largely welcomed Union Budget 2026, giving it an average rating of 7.7/10, noting simplified compliance and penalty relief. Experts praised TDS/TCS reforms, support for foreign remittances, and procedural ease under LRS. However, the increase in Securities Transaction Tax (STT) drew criticism for potentially dampening market sentiment.








