VATupdate

Share this post on

2026 Draft Budget: Government Plans GST Hike and Additional Economic Reforms

  • The 2026 draft budget proposes an increase in the Goods and Services Tax (GST).
  • Additional economic reforms are included in the budget.
  • The government aims to boost revenue and address fiscal challenges.
  • The changes may impact both consumers and businesses.
  • Further details on the reforms are expected to be released soon.

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



Sponsors:

Pincvision

Advertisements:

  • Pincvision