2024-25 Budget may consider income tax relief for lowest slab due to high inflation, suggests CII President.

Newly-elected CII President Sanjiv Puri suggests income tax relief for the lowest slab may need to be considered in the 2024-25 Budget due to high inflation. He also suggests creating an institutional platform for consensus building between the Centre and states to successfully carry out reforms related to land, labour, power, and agriculture. The industry body does not see coalition politics affecting reforms under PM Modi's third term.

June 16, 2024
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