There is always a lot of excitement about the budget and 2026 was no different. In this episode, I discuss some tax proposals in the budget that would be interesting for as tax professionals and practitioners.

The proposals that I discuss include:

• Inflationary adjustments to tax brackets and thresholds
• Proposed changes to the qualifying requirements for companies in SEZs
• A proposed reversal of amendments to section 23N
• Proposed changes to the timing of notional input tax deductions
• A proposal affecting foreign companies registered as employers for employees’ tax purposes
• Changes to the provisional tax penalty system.

You can listen to the episode at the link below: