Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

The Budget, to be presented on February 1, should reduce income tax rates, invest in infrastructure in a big way, with the help of low interest rates, and take more steps to make it easier to do business in India, said a cross-section of chief executive officers (CEOs).

The Budget will be presented in the backdrop of a revival of the economy and expectations of good corporate earnings in the December quarter. Besides low interest rates, a reduction in active Covid cases and strong high-frequency macro data have lifted the sentiment of both corporate India and the stock markets. 

But