Budget 2025-26: Mild Personal Tax Cuts, Concessional Corporate Tax Scheme Likely to Boost Growth

The Union Budget for 2025-26 is expected to introduce mild personal tax cuts, along with a concessional corporate tax scheme, which could boost growth in the economy. The anticipated changes aim to ease the tax burden on individuals and businesses, stimulating consumption and investment. Personal income tax reductions are likely to benefit the middle-income group, while the corporate tax concessions are expected to attract investments, particularly in sectors facing economic challenges. These fiscal measures are expected to provide a balanced approach to fiscal responsibility and stimulate economic activity, contributing to growth and development in the coming years.