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flag India’s PHD Chamber urges tax reforms in 2026–27 budget to boost investment and growth.

flag The PHD Chamber of Commerce and Industry has urged India’s government to implement tax reforms in the 2026–27 Union Budget, including reinstating a 15% corporate tax rate for new manufacturing units, restoring a 150% R&D deduction, lowering personal income tax rates, and simplifying the tax system. flag The group also called for faster appeals, revised buyback rules, and easier compliance for small businesses to boost investment, innovation, and growth.

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