The Union Budget 2025-26 has been recognised for its pragmatic, prudent and pro-growth stance. India’s journey through the Amrit Kaal will be defined by the way the budget is executed, funds disbursed and facilitation of powerful engines such as agriculture, MSME, investment and exports. Buoyant Direct Tax Revenues Supporting The…
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UNION BUDGET 2025-26: TAX REFORMS WISHLIST FOR EASE OF DOING BUSINESS
The upcoming Union Budget 2025-26 is set to usher in a new era of tax simplicity in the country’s taxation system, by streamlining tax filing processes, making tax filing easier for citizens, reducing compliance burdens and expanding the tax base. Comprehensive Review of the Income Tax Act In pursuance of…
CII Recommendations for India’s Priority Sector Lending Framework
CII’s Call for Reforms in PSL Framework The Confederation of Indian Industry (CII) has proposed reforms in India’s Priority Sector Lending (PSL) framework and has asked for more Development Finance Institutions (DFI). The Importance of Priority Sector Lending Priority Sector Lending (PSL) is a vital policy tool in India, aimed…
Reshaping India’s Urban Landscape: A Catalyst for Prosperity
India is one of the world’s fastest-growing economies, poised to become a developed nation with a GDP of USD 30 trillion by 2047. Urbanization is at the centre of this growth story, with cities playing a pivotal role in achieving the ambitious goal. The bustling metropolises, with their potential to…
Key Trends and Industry Sentiments: Insights from CII’s 128th Business Outlook Survey
The Business Outlook Survey by CII (Confederation of Indian Industries) is a quarterly update on the prevailing industry sentiments on multiple parameters, as well as a general outlook for the economy. Over the years, the report has come to become a vital resource in discussions surrounding the Indian economy. The…
CII Business Confidence Survey: Business Optimism Soars Among India Inc
CII Business Confidence Index Rises to a Two-Quarter High The Indian economy continues to show resilience despite global challenges. According to the latest findings from the Confederation of Indian Industry’s (CII) Business Confidence Survey, optimism within India Inc. remains high. The CII Business Confidence Index soared to a two-quarter high…
Financing Summit 3.0: Paving the Path for Viksit Bharat
The Confederation of Indian Industry (CII) hosted the Financing Summit 3.0 from 2nd to 3rd September 2024, gathering industry leaders, government officials, and financial experts to discuss the future of India’s financial sector in the context of the nation’s ambitious vision for a ‘Viksit Bharat’ or Developed India by 2047.…
Financing India’s Growth: Preparing the Financial Sector for the Future
Finance is the fuel for growth, and as India aspires to achieve sustained levels of high growth, the financial sector must be adequately prepared to support this ambition. Innovative financial instruments, patient capital, and broad access to financial services down to the last mile are essential for financing this growth.…
A Simpler Tax Journey: The Benefits of the New Income Tax Regime
India’s tax landscape has undergone a significant transformation with the introduction of the new income tax regime. The Union Budget 2024-25 has put emphasis on the adoption of the new income tax regime by incentivizing its adoption by taxpayers. The changes included the new income tax slabs for FY…
PM addressed the inaugural session of ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference by the Confederation of Indian Industry (CII)
The Prime Minister, Shri Narendra Modi addressed the inaugural session of ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference’ organized by the Confederation of Indian Industry (CII) at Vigyan Bhawan in New Delhi today. The conference presented the outline for the Government’s larger vision for growth and the…