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Budget 2025: Industry players expect host of measures to propel growth

Finance Minister Nirmala Sitharaman is set to present the first full Budget of the Modi 3.0 government, with industry leaders calling for measures such as raising income tax limits, boosting job creation and ease of doing business,
The article from MSN discusses expectations from India's Union Budget 2025, set to be presented by Finance Minister Nirmala Sitharaman. Industry players are anticipating a range of measures aimed at boosting economic growth. Key expectations include a focus on infrastructure development, with increased allocations for roads, railways, and urban development to stimulate economic activity. There is also a call for tax reforms, including simplification of the GST structure and potential reductions in corporate taxes to enhance business competitiveness. Additionally, sectors like renewable energy, technology, and manufacturing are looking for incentives and policy support to foster innovation and growth. The budget is expected to address employment generation, particularly through initiatives like 'Make in India' and skill development programs. Moreover, there's an emphasis on rural development, healthcare, and education to ensure inclusive growth. The overarching theme is to create a conducive environment for investment, both domestic and foreign, while ensuring sustainable and balanced economic progress.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/economy/budget-2025-industry-players-expect-host-of-measures-to-propel-growth/ar-AA1xIMNj ]