3 years, 11 months ago
Union Budget 2021: Focus must be on creating demand, encouraging infrastructure spending, says India Inc survey
FirstpostNew Delhi: The upcoming Budget must focus on creating demand, encouraging infrastructure spending and increasing outlays for the social sector, India Inc said in a survey released on Wednesday. “The upcoming Budget must therefore focus on creating demand, encouraging infrastructure spends and increasing outlays for the social sector. According to the survey results, nearly 40 percent of the participants feel that ‘personal tax relief’ should be the key theme of direct tax proposals in this year’s budget. Besides, an overwhelming 90 percent of the survey participants said that enhancing economic activity through greater consumption and investment demand should be the government’s focus as it thinks of strategies to boost GST revenue.
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