Budget 2025 Cii

Budget 2025 Cii. CII suggests 10point agenda on ease of biz reforms ahead of Budget Budget 2024 News This budgeting guidance applies to in-year control from 2025-26 The CII's recommendations come as the government prepares to present the Union Budget 2025-26 amid a global economic slowdown and evolving domestic challenges.

CII pushes for employment policies, labour reforms, and boosting women workforce in Union Budget
CII pushes for employment policies, labour reforms, and boosting women workforce in Union Budget from ddnews.gov.in

On 25 February 2025, the Prime Minister, Keir Starmer, announced that the UK would raise its defence spending to 2.6% of gross domestic product The CII's recommendations come as the government prepares to present the Union Budget 2025-26 amid a global economic slowdown and evolving domestic challenges.

CII pushes for employment policies, labour reforms, and boosting women workforce in Union Budget

The proposal includes reducing marginal tax rates for incomes up to Rs 20 lakh and increasing benefits under key government schemes to enhance rural recovery. The CII in its Budget proposals for 2025-26 has suggested the following targeted interventions to boost consumption: 1) Reduce excise duty on fuel "Fuel prices significantly drive inflation, forming a substantial portion of the overall household consumption basket," it said, adding that the central excise duty accounts for around 21% of the retail price for petrol and 18% for diesel According to the CII, rising gasoline prices contribute considerably to inflation, reducing consumer buying power.

Budget 2024 CII proposes dedicated Ministry of Investment to facilitate investment. Union Budget: CII recommends lowering excise duty on fuel to boost consumption, reduce inflation, and increase disposable income in its pre-budget suggestions for 2025-26 Based on the most recent forecasts for GNI, reducing the aid target to 0.3% of GNI would mean that the aid budget in 2027 would be around £9.2 billion

COST INFLATION INDEX 20242025 DECLARED BY GOVT.. According to the CII, rising gasoline prices contribute considerably to inflation, reducing consumer buying power. This budgeting guidance applies to in-year control from 2025-26