While US tariff policies unsettled markets worldwide, India responded with a series of major policy resets aimed at stability and long-term reform. The New Income Tax Act, 2025, set the stage for a simpler direct tax regime from April 2026, while GST 2.0 streamlined two main slabs alongside next-generation reforms to ease compliance and reduce disputes. Labour laws were merged into four codes, extending social security to gig and unorganised workers, and EPFO rules were eased to allow quicker access to savings during unemployment. Data governance moved centre stage with the Digital Personal Data Protection Rules, 2025, and aviation saw both disruption and new entrants as regulators moved to end the duopoly. As the year comes to an end, with political pundits predicting the policy agenda for 2026, The Secretariat hopes to continue unpacking India’s policy push as the country sets its eyes on achieving developed nation status by 2047.