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Companies call for demand creation and income tax relief in Budget

Only 28 per cent in Ficci survey are for fiscal consolidation

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The survey, which sought responses from heads of 150 companies representing various sectors in small, medium and large enterprises, further showed that 40 per cent of them want personal tax relief. (Bloomberg)

Indivjal Dhasmana New Delhi
Most companies want the upcoming Budget to create demand, encourage infrastructure spend among other things, while only 28 per cent are for fiscal consolidation, showed a survey conducted by industry chamber Ficci and consultants Dhruva Advisors.

The survey, which sought responses from heads of 150 companies representing various sectors in small, medium and large enterprises, further showed that 40 per cent of them want personal tax relief.