Experts Suggest Reducing VAT, Increasing Income Tax Exemption, and Structural Reforms in Budget Discussion

Experts have recommended reducing VAT, increasing the personal income tax exemption limit, and implementing structural reforms in tax and debt management for the upcoming budget. They suggest lowering VAT to boost demand, raising the income tax exemption limit due to the rising cost of living, and linking domestic debt to specific projects. The experts also highlighted issues in fiscal federalism and the need to address the 'inverted tax' system that disadvantages domestic production.