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Income tax - Industry body CII wants income tax cut in budget

The industry body has also suggested decriminalisation of GST law

New delhiSanjiv bajajGati shaktiNational infrastructure pipelineBlended finance star multiplierSector participationSwift dispute resolution mechanism

Union Budget 2023-24: Will government reduce income tax rates, decriminalise GST law? CII writes to Centre

Union Budget 2023-24: Will government reduce income tax rates, decriminalise GST law? CII writes to Centre
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Sanjiv bajajGati shaktiUnion budgetFinance ministryBlended finance star multiplierSector participationSwift dispute resolution mechanismLinked capital subsidy scheme

Fresh look needed at capital gains tax to remove complexities, inconsistencies: CII President

A fresh look is needed at the capital gains tax with respect to its rates and holding period to remove complexities and inconsistencies, CII President Sanjiv Bajaj said, adding that the government should contemplate a reduction in the rates of personal income tax in its next push for reform as this would increase disposable incomes and revive the demand cycle.

Sanjiv bajajChandrajit banerjeeGati shaktiDepartment of investmentConfederation of indian industryNational infrastructure pipelineCompliance commissionIndian industryBlended finance star multiplierSwift dispute resolution mechanismPublic asset managementDong businessDirector generalCredit linked capital subsidy schemeExport oriented unitExport products

CII asks government to decriminalise GST law, slash personal income tax rates in Budget

It also suggested increasing outlays on green infrastructure like renewables along with traditional infrastructures, such as roads, railways, ports etc.

Sanjiv bajajGati shaktiFinance ministryLinked capital subsidy schemeBlended finance star multiplierSector participationSwift dispute resolution mechanismIncome taxImport and export

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