Budget 2026: A top-up on tax reforms can shore up consumer confidence

India's economy thrives on domestic consumption, with upcoming Budget 2026 focusing on sustaining household purchasing power. GST 2.0 aims to boost disposable incomes and affordability through simplified rates and broader coverage. Reforms like bringing petroleum products and real estate under GST, alongside input tax credit and refund enhancements, are key to strengthening demand and fostering long-term growth.