The Reserve Bank of India is facing urgent task of controlling the inflation, HSBC said in its pre-Budget expectations.
In Budget 2022, the Government should first focus on increasing investment in infrastructure, followed by enhancing job creation through expansion of manufacturing capabilities
Amid the Covid-19 pandemic, taxpayers are expecting that the government will enhance the basic income tax exemption limit of Rs 2.5 Lakh
India's annual gross domestic product (GDP) fell to a decade low of 4 per cent in the financial year 2019-20. The government needs to take measures in Budget 2022 to maintain growth.
India's fiscal deficit shot up to a record 9.3 per cent. The government must focus on gradual fiscal consolidation and opt for investment-driven growth
The government needs to push for both public and private capex and raise additional resources through strategic divestments and asset monetisation