Surat (Gujarat) [India], January 29: As India gears up for the Union Budget 2025, a strong focus on sustainability is essential. The government should promote green building practices and eco-friendly materials like AAC blocks and ALC panels by offering incentives such as higher FSI for proj
Kerala Minister P Rajeev has urged the Union government to increase financial support for infrastructure and the state's transition to a knowledge economy. He emphasized Kerala's need for more grants and expected a positive response in the upcoming Union Budget.
The upcoming Union Budget for FY26 is expected to focus on rural development, youth and women empowerment, fine-tuning the Employment Linked Incentive Scheme, and enhancing the skilling program according to a report by Yes Bank. Additionally, capital expenditure may shift focus to new sector
Richard McCallum, CEO, UKIBC said, "Based on industry member feedback, we hope the Budget sets out a vision for manufacturing that is based on a level-playing field, allowing international companies to access the full benefits of FDI liberalisation, and for a research and innovation landscap
In the run-up to the Budget for 2025-26, former BJP MP and financial market observer, suggested that individuals earning up to Rs 10 lakh per annum should enjoy the benefits of tax exemption.
"The Government's commitment to fiscal consolidation has put us in a good state and the survey participants expected the government to remain on that course," the survey said.
The industry players in the infrastructure sector -- from construction to real estate, transportation, and urban development -- also emphasised the need for fiscal reforms and policies that would ease the burden on infrastructure projects.
A survey conducted by multinational professional services firm Ernst & Young showed that 36 per cent of enterprises in India have budgeted and started investing in GenAI while another 24 per cent are experimenting with it.