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
Ahead of the upcoming Union Budget, Union Parliamentary Affairs Minister Kiren Rijiju informed on Monday that the government has called an all-party meeting on January 30.
Days ahead of the Union Budget 2025-26 on February 1, the industry players in the manufacturing sector have called for favourable policies boosting local manufacturing, reducing GST on consumer durables, and tax reforms to increase disposable incomes and stimulate consumer spending.
As the Union government gears for the Union Budget 2025-26, players in electric Vehicles (EVs) have urged Finance Minister Nirmala Sitharaman to introduce transformative reforms that enhance affordability, infrastructure, and innovation in the sector to tackle both manufacturing and consumer
The current tax structure, with a basic exemption limit of Rs3,00,000 under the new tax regime, has drawn criticism for being outdated in the face of escalating living costs.
Ahead of the Union Budget presentation, Karnataka Minister HK Patil stressed the importance of fairness and justice in the allocation, urging that the federal structure of India should be strengthened through budget decisions.
The common thread among industry leaders is the need for enhanced policy support to reduce India's reliance on imports and bolster domestic manufacturing, innovation, and energy security.
As the Union Budget 2025-26 approaches, several industry leaders have voiced their expectations for continued support, particularly in areas like venture capital funding, MSME growth, and emerging technologies such as AI and robotics.
The Indian pharmaceutical and healthcare industry has high expectations from the upcoming Union Budget 2025, according to a report by CareEdge Ratings. The sector is calling for increased government support to strengthen infrastructure and drive innovation.
Mumbai (Maharashtra) [India], January 22: Abolition of Securities Transaction Tax (STT) and the revision of the income tax exemption slab to Rs 25 lakh are two major expectations from the upcoming Union Budget - 2025, said Akshat Khetan, corporate and legal advisor and Founder of AU Corporat
Axis Securities mentioned, "We believe the government's policy reforms, such as Atmanirbhar Bharat, Make in India, and the PLI scheme, are likely to continue in FY26 as well and would receive further impetus. We believe a balanced act between Infrastructure and social welfare schemes would h
As the Union Budget 2025-26 nears, the Ministry of Finance has highlighted the significant Union Budget announcements, particularly focusing on the development of the semiconductor and electronics manufacturing ecosystem.