CII Calls for Tax Reforms and Capex Boost in FY26 Budget

The Confederation of Indian Industry (CII) is advocating for tax code simplifications and sustained capital expenditure (capex) in the upcoming FY26 Budget. In a recent meeting with Revenue Secretary Sanjay Malhotra, CII emphasized the importance of increasing capex by 25% over 2024-25 to strengthen rural infrastructure, agriculture, and social sectors.

Key Recommendations by CII

1. Tax System Reforms: Simplification of the tax structure to encourage business and economic growth.
2. Increased Capex: A 25% increase in capex to boost infrastructure, particularly in rural and agricultural sectors.
3. Blueprint for Reforms: The CII President highlighted the need for a strategic blueprint for India’s growth, focusing on prosperity, inclusivity, equity, sustainability, and technological advancement.

With global economic uncertainties and geopolitical challenges, CII’s proposals aim to position India as a resilient and competitive economy.

Budget 2025-26 Key Dates

The Union Budget for 2025-26 will be presented on February 1, 2025.

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