As Union Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2025, India Inc. anticipates significant reforms to drive economic growth. Key focus areas include rationalising GST rates, easing compliance burdens, and supporting manufacturing through duty exemptions and targeted incentives. Industry leaders also call for measures to boost private consumption, including higher tax exemptions and reduced GST on essential products. Additionally, there’s a strong push for green initiatives and skill development to build a future-ready, inclusive economy.
