India Inc seeks income tax cut to boost demand

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The story "India Inc seeks income tax cut to boost demand" was covered 5 days ago by Times of India, a news publisher based in India.

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Times of India 5d ago

India Inc seeks income tax cut to boost demand - Times of India

Quick Summary:

Industry bodies requested tax cuts, increased public spending, and focus on MSMEs in the budget to boost demand and job creation during their consultations with FM Sitharaman.

Proposals included reducing personal tax rates, excise duty, improving credit flow to small businesses, and developing rural industrial parks, with an emphasis on public capex and female workforce participation.

Several economists have also suggested steps to increase female participation in the workforce.