UKIBC also welcomes the focus on key domains such as tax administration and policy, urban development, energy security, financial sector, and regulatory reforms.
Industry leaders and experts are hoping for measures that drive consumption, incentivize capital expenditure, and support critical sectors such as real estate, MSMEs, healthcare, artificial intelligence (AI), electric vehicles (EVs), and renewable energy. Furthermore, continued fiscal con
"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.
Sachin Gupta, Chief Rating Officer, CareEdge Ratings, stated, "The budget is likely to focus on supporting consumption, boost manufacturing competitiveness to support job creation and tap the demographic potential, emphasis on agriculture via higher allocation for agri r&d, farmers' welf
The report mentioned, "For the fiscal year 2025-26, Union budget will skilfully balance fiscal consolidation, and measures for advancing growth. We expect centre to achieve or maybe even undershoot (by ~10bps) its fiscal deficit target of 4.9 per cent ( per cent of GDP), owing to expected sa
The Centre is expected to continue its fiscal consolidation efforts in FY26, with a fiscal deficit target of 4.5 per cent of GDP, according to a report by Emkay Research.
With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two key concerns for policymakers, the pace of fiscal consolidation and the government's spending priorities.
Emphasis on fiscal consolidation, tax system simplification, and investment-driven growth, in the Budget 2025 will lay a solid foundation for sustained economic development in India, asserted global consulting and professional services firm Ernst & Young India.
The Union Government's fiscal strategy for financial year (FY) 2026 will prioritise capital expenditure (Capex), with a major allocation expected to range between 16-20 per cent, from its revised estimates of 90 per cent of FY25 Budgeted Estimates (BE) stated JM Financial in its latest re
In the pre-budget meeting with Finance Minister Nirmala Sitharaman on Monday, representatives from various industry bodies put forward a bouquet of suggestions before the government.
CareEdge Ratings expects the central government to continue on the path of fiscal consolidation and projects India's GDP growth to moderate but remain healthy at 6.5 per cent in the current financial year.