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Indian Business Leaders Seek Tax Incentives Ahead of Union Budget 2026

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New Delhi, Jan 27 (IANS) Business leaders in India voiced strong demand for targeted tax incentives and manufacturing linked lower tax rate regime in anticipation of the Union Budget 2026 and the implementation of the New Income Tax Act, a report said on Tuesday.The report from KPMG India said 34 per cent of respondents called for the return of the manufacturing‑linked lower tax rate regime, as many income-tax incentives already expired or approached sunset.Earlier a lower tax rate of 15 per c…