Budget may announce 20% capex growth, tax concessions to boost domestic demand: EY report
- Posted on January 30, 2025
- By Business News Today
- 3 Views
Budget may announce 20% capex growth, tax concessions to boost domestic demand: EY report
The FY26 Budget is expected to increase capital expenditure by 20% and reduce the fiscal deficit to 4.4% of GDP to boost economic activity and disposable income. Strategic reforms and prudent fiscal policy are crucial for India's sustained growth, with a focus on domestic demand drivers amid global uncertainties.