India, Feb. 1 -- The Union Budget 2026-27, presented today by Nirmala Sitharaman, avoids the usual temptation of headline tax cuts. Instead, it delivers something more durable for businesses: predictability.

For Indian corporates, multinational companies, and MSMEs, this Budget is less about relief in numbers and more about relief from friction. The emphasis is clear: fewer disputes, smoother compliance, and a tax system that rewards trust rather than punishes error.

The most significant shift for large businesses lies in the push for stable and predictable tax outcomes.

Advance rulings under customs will now remain valid for five years, giving companies longer visibility for investment and sourcing decisions. Voluntary tax payments ar...