CII Urges Tax Reforms and Increased Capital Investment in Union Budget 2025-26



Quick Summary
The Confederation of Indian Industry (CII) has called on the government to prioritise tax reforms and a significant increase in capital investment for the upcoming Union Budget 2025-26. They recommend a 25% rise in capital expenditure, focusing on rural infrastructure, agriculture, and social sectors, alongside further tax simplification to enhance transparency and attract investment. CII believes these measures will foster a more competitive, inclusive, and sustainable economy for India.

In a pre-Budget meeting with Revenue Secretary Sanjay Malhotra, the Confederation of Indian Industry (CII) urged the government to continue tax reforms and boost capital expenditure in the Union Budget for 2025-26. The industry chamber recommended increasing capital investment by 25% over the 2024-25 Budget Estimates (BE), with a strong emphasis on developing infrastructure in rural areas, agriculture, and the social sector. Driving Tax Reforms for Simplification CII highlighted the need for
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FAQ :

CII is urging the government to continue tax reforms and increase capital investment in the Union Budget 2025-26.

CII recommends increasing capital investment by 25% over the 2024-25 Budget Estimates.

CII emphasises developing infrastructure in rural areas, agriculture, and the social sector.

Tax reforms should aim for simplification, ease of compliance, transparency, predictability, and fostering a competitive business environment.

The Union Budget for 2025-26 is expected on February 1, 2025.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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