Quote on Post Budget By Pratik Vaidya ,Karma Management
Below Quote on Post Budget By Pratik Vaidya ,Karma Management
Budget 2026-27 has clearly chosen stability on personal taxation. After last year’s major reset under the new tax regime, where tax liability was effectively reduced to zero up to ?12 lakh of taxable income through the enhanced rebate under Section 87A, and for many salaried taxpayers up to about ?12.75 lakh after standard deduction, this year there is no further change in slabs or rates. The message is continuity, while simplification and compliance ease become the real story.
For MSMEs, the introduction of Corporate Mitras is a very practical move. It recognises that formalisation and governance are no longer optional, but most small businesses do not have affordable, on-ground access to professional compliance support. A structured cadre backed by professional institutions can reduce accidental non-compliance and help MSMEs operate with more confidence.
The combination of equity support through the ?10,000 crore SME Growth Fund with liquidity support through stronger TReDS adoption addresses the two most persistent MSME pain points: access to growth capital and cash flow. If payment discipline and invoice discounting are enforced in spirit, it can reduce the working capital stress that blocks MSME scale-up.
On the talent side, the emphasis on linking education with employment signals a shift from qualification-led to skill-led growth. The focus on modular learning, continuous upskilling and job-ready capabilities is directionally right, especially for MSMEs and services where the talent gap is often about readiness, not availability.
Overall, the Budget strengthens the ecosystem around formalisation, compliance and employability. If implemented well, these measures can improve trust, payment discipline, productivity and long-term resilience across the MSME and services landscape.
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