Industry seeks front-loading infra spend, tax breaks in upcoming Budget

Companies are seeking clearing of dues, implementation of announced reforms, and tax breaks to aid infrastructure investment in the country. These were some of the suggestions made during Finance Minister Nirmala Sitharaman’s 12th pre-Budget consultations with representatives from the infrastructure, energy, and climate change-oriented businesses. 

To incentivise investments in infrastructure, the Federation of Indian Chambers of Commerce & Industry (Ficci) has sought tax exemptions. In their representation, the Ficci said: “Measures to revive the growth cycle, and creation of jobs are of paramount importance in the current scenario. A stimulus to investments in infrastructure can provide a major fillip to