Union Budget 2025 focuses on ease of doing biz: Institute of Chartered Accountants of India

The ICAI lauded the Budget for focusing on ease of doing business, promoting domestic manufacturing, and positioning India competitively in global trade. ICAI’s recommendations on tax regimes have been accepted. The Budget features significant income tax cuts for the middle class and a scheme to develop India as a global toy hub through cluster development, supporting MSMEs and manufacturing.

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