Budget 2025: Tax Relief Sparks Economic Growth, Says Ajay Piramal

In a bold move to stimulate economic growth, the Finance Minister's FY26 Budget introduces significant income tax reductions aimed at empowering India's vast middle-class population. Ajay Piramal, Chairman of Piramal Enterprises Limited, lauds the decision, stating it will enable increased consumer spending and drive GDP growth. The budget also focuses on ease of doing business, regulatory reforms, and increased FDI limits in the insurance sector. Piramal expresses confidence that these measures will help India overcome current economic challenges and pave the way for robust growth.

Source: Financial Express