Budget

News and Trends

Union Budget 2025: How Industry Leaders View the Future

Overall, the Union Budget 2025 lays out a progressive and strategic vision for India's economic growth, balancing immediate fiscal responsibility with long-term development goals. Business leaders across industries have largely welcomed these initiatives, acknowledging their potential to drive inclusive and sustainable growth

News and Trends

Budget 2025 Ups Focus on Fintech and New-age Tech, Garners Positive Response from VCs

Union Budget 2025 has put a heightened focus on new-age technology and fintech alongside other areas, which has gathered a positive response from the venture capital (VC) community.

News and Trends

Union Budget 2025: Empowering MSMEs as Catalysts for Economic Growth

With MSMEs contributing approximately 36 per cent to manufacturing output and 45 per cent to exports, the sector's role in achieving the vision of 'Viksit Bharat' is undeniable.

News and Trends

What The MSME Industry Expects from Union Budget 2025

With the nation's ambition to reach a $5 trillion economy and achieve the long-term vision of Viksit Bharat by 2047, the government's budgetary priorities will play a crucial role in shaping the country's economic trajectory.

News and Trends

What India's Gaming & Esports Industry is Expecting in Budget 2025?

With the government recognizing the sector's potential as a significant contributor to the digital economy, industry stakeholders have high expectations from the upcoming budget.

News and Trends

How GST Budget Reforms Could Shape the Future of India's MSME

The GST reform holds immense potential to bolster India's MSME sector, but its current framework requires critical refinements to address its challenges. The upcoming budget is expected to make major reforms for MSMEs as the backbone of the country.

News and Trends

Union Budget: Tax Relief, Lower Import Duties, Rationalizing GST Rates To Boost FMCG Consumption

With consumption accounting for over 60 percent of India's GDP, boosting disposable income is critical to reviving demand

News and Trends

Stakeholders Expect Budget to Capitalise on India's Momentum and Improve Credit Access to Businesses

Although India maintains its position as one of the biggest economies in the world, GDP growth has recently plummeted to a 7-quarter low of 5.4 per cent in the second quarter of FY25.

News and Trends

India's GDP to Grow by 6.4% in FY25: FICCI Report

Sector-wise, the survey anticipates agriculture and allied activities to grow at 3.6 per cent, industry at 6.3 per cent, and services at a robust 7.3 per cent

News and Trends

Budget Expectations for MSMEs in 2025

Representing nearly 30 per cent of India's GDP and employing over 110 million people, the MSME sector is a cornerstone of the Indian economy. As India aspires to become a $5 trillion economy, empowering its MSME sector will be critical in realizing this ambitious vision.

News and Trends

Union Budget 2025: Will FM Finally Offer Tax Relief to India's Crypto Ecosystem?

Among the demands and suggestions posed by the ecosystem players, the reduction of tax on virtual digital assets (VDA) and Tax Deducted at Source (TDS) remain a prime concern. The previous interim budget and union budget failed to provide any relief for domestic crypto investors.

Finance

MSMEs Expect to Benefit From FM's New Credit Guarantee Scheme

The INR 100 crore credit guarantee scheme is expected to serve as a vital catalyst for MSME growth and resilience by enabling businesses to secure financing without traditional barriers. Industry experts agree that this program has the potential to unlock new avenues of opportunity for MSMEs, encouraging entrepreneurship, fostering local manufacturing, and contributing to the nation's export ecosystem.

News and Trends

The Five Changes Business Owners Want To See From The Budget

What UK SMEs need most from the upcoming Budget

News and Trends

MSME: The Past and The Prospect

The micro small & medium enterprises act as the backbone of the country, keeping the economy flowing as well as providing quality services to the masses

News and Trends

End of Angel Tax: Investor Community Celebrates as Government Abolishes Controversial Act

Much rejoicing was seen in the startup community and especially among the industry leaders from the 'Funds' side of things, as the Indian Central Government abolished what was known as 'Angel Tax' in a historic budget announcement led by Finance Minister Nirmala Sitharaman.