In this episode of the EY India Insights podcast, Agneshwar Sen, Associate Partner and Leader, Trade Policy Advisor, EY India, discusses the landmark India-EU FTA with Shri Anant Swarup, Senior Advisor and former Additional Secretary, Department of Commerce, and India's Chief Negotiator for the EU-India FTA when it commenced in 2021. Shri Swarup highlights the key advantages and opportunities that Indian enterprises and professionals can look for in the FTA, and the unprecedented cross-market access it creates between the two economies.

Key takeaways

• The India-EU FTA creates a combined market of 2 billion consumers, boosting trade potential.
• Apart from conventional areas like goods and services, this deal includes digital trade, government procurement, and more.
• India supplies only 2.6% of EU imports of US$3 trillion, while is indicative of the massive opportunities.
• Wider scope across goods, services and digital trade expected to create long‑term growth avenues.

Tune in to the episode to understand how the India–EU FTA could unlock new growth opportunities for Indian businesses across global markets.

In this episode of Budget Insights, part of the EY India Insights podcast series, Parul Nagpal, Partner – Indirect Tax at EY India, highlights how Budget 2026 can accelerate EV adoption through stable tax policy, stronger incentives and improved charging and battery manufacturing infrastructure.

Key takeaways

• Long‑term EV investment requires predictable, stable rules.
• Budget 2026 may expand PLI funding, widen product coverage and allow fresh applicants.
• EV loan tax benefits, priority‑lending access and lower GST on spares can improve affordability.
• Industry seeks clarity on the Sintered Rare Earth Permanent Magnet scheme.
• Strengthening Bharat Trade Net and the Export Promotion Mission can boost global market access.

Tune in to learn how Budget 2026 could accelerate India’s green mobility transition.

In this episode of Budget Insights, a podcast series from EY India Insights, Dr. D.K. Srivastava, Chief Policy Advisor at EY India, highlights areas that Budget 2026 could focus on in terms of fiscal consolidation, growth amid geopolitical uncertainties and government expenditure priorities. A distinguished economist and member of the Advisory Council to the 16th Finance Commission, Dr. Srivastava provides macroeconomic perspectives on tax revenue trends, expenditure patterns and revised estimates, offering a nuanced view of the emerging economic landscape.

Key takeaways

• To maintain a fiscal deficit–to–GDP ratio of 4.4% in FY26, adjustments — particularly in revenue expenditure — may be necessary to offset the shortfall in revenue receipts.
• Broadly, the nominal growth assumption for FY27 could be around 9.5%, supported by a real GDP growth projection of 6.5%.
• With major personal income tax and GST reforms already implemented, Budget 2026 is unlikely to introduce significant tax changes.
• The quality of fiscal consolidation has improved, reflected in the decline in the revenue deficit–to–fiscal deficit ratio.
• Revenue expenditure rationalization remains key, driven largely by further reductions in subsidies.

Tune in to understand how Budget 2026 may shape India’s fiscal strategy by balancing consolidation with growth