💨 Abstract

The US-India Business Council has welcomed India's "forward-looking" Union Budget for 2025-26, praising its focus on key sectors like agriculture, MSMEs, investment, and exports. However, the council emphasized the need for more ambitious systemic reforms in taxation, regulatory frameworks, and business procedures to enhance India's global competitiveness and attract greater investment.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖