Pre-budget expectations | Technology
With the Union Budget 2026 approaching, discussions in the tech and business sectors are gaining momentum. Digital technology has become central to India’s growth. It influences how companies modernize, work together, and remain competitive in a digital global economy.
India has made great progress toward becoming a digital-first nation in recent years. However, the next big opportunity lies with MSMEs, where technology adoption still lags behind larger companies. With the right support, such as specific tax breaks, better access to cloud platforms, and stronger skill-building programs, these businesses can have a greater impact on driving digital change and creating jobs.
There is also growing interest in how the Budget will support emerging technologies like AI, cybersecurity, and data governance. Matching tax policies with programs like the India AI mission and the Digital Personal Data Protection Act (DPDPA) can boost investor confidence while encouraging responsible and ethical innovation.
Another important focus will be taxes. Startups and tech companies may face less financial strain if GST and import taxes on hardware and software are simplified. This could make funds for innovation and research available. Incentives for eco-friendly technologies, such as energy-efficient data centers, can also help the industry grow sustainably and prepare for the future.
Overall, this budget could influence how India pursues its digital goals while being inclusive and environmentally friendly. Today, smart policy decisions can transform digital change into a strong, lasting engine of economic growth.
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