Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
CII Urges Tax Reforms and Increased Capital Investment in Union Budget 2025-26
Update / Judgement Date
11 Nov 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The Confederation of Indian Industry (CII) has called for significant tax reforms and increased capital investment in the upcoming Union Budget 2025-26. The industry body suggested several measures, including rationalization of tax rates, simplification of tax laws, and incentives for investments in infrastructure and manufacturing. CII emphasized that these reforms are crucial for sustaining economic growth, boosting industrial productivity, and creating more employment opportunities. Additionally, CII recommended policies to enhance ease of doing business and attract foreign investment. These proposals aim to build a robust economic framework that supports long-term development and competitiveness.