India

Union Budget 2025-26

Union Budget's Realistic Approach to Economic Recovery

Morgan Stanley's report praises the Union Budget's realistic approach to economic recovery, highlighting its balance between growth support and fiscal consolidation. The budget projects a nominal GDP of 10.1% for fiscal year 2026, with a focus on stimulating consumption through tax cuts and increasing capital expenditure. Feb 3, 2025
Budget 2025-26: CII seeks cut in income tax, 3-tier Customs duty to spur growth

Govt likely to introduce new income tax bill on Feb 6

After the revision in tax slabs in the Union Budget 2025-26 to leave 'enough money in the hands' of taxpayers, the government is likely to unveil the much-anticipated draft of the new Income Tax Bill on February 6. Feb 3, 2025
Rs 50.65 lakh crore India Budget to boost entrepreneurship, innovation, investments

PHDCCI upbeat after Rs 50.65 lakh crore India Budget for state projects

The focus on public-private partnerships (PPP) in infrastructure, along with 50-year interest-free loans for state projects, is expected to create a multiplier effect not only boosting India's GDP but also strengthening the states' economy, leading industry chamber PHDCCI's President Hemant Jain said on Monday. Feb 3, 2025
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