Budget 2025: Simplified GST, lower direct tax rates are key to reversing economic slowdown, say experts
Finance Minister Nirmala Sitharaman faces significant challenges as she prepares to present the Union Budget in just over three weeks. India Inc has submitted a set of recommendations, emphasising the need for simplified taxation, increased capital expenditure, and labour-intensive initiatives to stimulate growth. On the other hand, the Congress party, the principal opposition, has urged the government to provide income support for the poor and raise wages under MNREGA to alleviate economic distress. To explore these diverse demands and expectations, CNBC-TV18 spoke with Salman Soz, Congress spokesperson; Vishwas Pathak, BJP spokesperson; Ashwani Mahajan, National Co-Convenor of Swadeshi Jagran Manch; and Dinesh Kanabar, CEO of Dhruva Advisors.
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Source: Cnbctv18
