The proposed budget for fiscal year 2026-27 prioritizes expanding the tax base rather than increasing tax rates. It includes tax exemptions on essential commodities and initiatives to reduce healthcare costs, alongside measures to promote the creative economy. While offering some relief, the budget also introduces changes expected to impact taxpayers and small businesses. These include reduced tax benefits on savings schemes, restrictions on opening bank accounts without mandatory tax registration, and the imposition of new taxes in various sectors. The government aims to increase revenue through a broader tax net, potentially creating financial pressure on individuals and entrepreneurs. The budget balances efforts to stimulate economic growth with the need for increased state revenue. It signals a shift towards formalizing the financial system and improving tax compliance.