CosmicTaco

India Inc Optimistic on Growth, Calls for Tax Reforms

CosmicTaco · 2025-01-29T11:26:16.778679+05:30

- India Inc remains optimistic about the country's growth, with a focus on capital expenditure and ease of doing business in the upcoming budget, according to a FICCI survey. - The survey highlights the need for a review of the direct tax structure to spur demand and boost growth, with respondents expecting GDP growth of 6.5-6.9% in 2025-26. - Key recommendations include simplifying the tax regime, incentivizing green technologies, and easing compliances through digitization. Source: [The Economic Times](https://economictimes.indiatimes.com/news/economy/policy/union-budget-india-inc-for-capex-push-direct-tax-review-shows-survey/articleshow/117649922.cms), [The Economic Times](https://economictimes.indiatimes.com/opinion/et-commentary/can-the-union-budget-revive-lacklustre-consumer-demand-and-boost-growth/articleshow/117649525.cms)

India Inc remains optimistic about the country's growth, with a focus on capital expenditure and ease of doing business in the upcoming budget, according to a FICCI survey.
The survey highlights the need for a review of the direct tax structure to spur demand and boost growth, with respondents expecting GDP growth of 6.5-6.9% in 2025-26.
Key recommendations include simplifying the tax regime, incentivizing green technologies, and easing compliances through digitization.

Source: The Economic Times, The Economic Times