Union Budget 2024: Expectations and Insights
Decoding the Union Budget with PwC India
WEB Join PwC India's webinar on 23 July 2024, where our panel of experts will delve into the Union Budget 2024. They will provide insights into the key policies and analyze their implications for various sectors.
Pre-Budget Expectations from Industry
Various industry bodies have expressed their expectations for the upcoming budget. The focus is on measures to boost economic growth, promote job creation, and address environmental concerns.
Expectations from ESG Perspective
Expectations are high for the government to announce measures that prioritize environmental, social, and governance (ESG) principles. This includes incentives for renewable energy, support for sustainable practices, and policies to address climate change.
Union Budget Outlook
The Economic Survey 2024, released ahead of the budget, has provided some hints about the government's priorities. The survey emphasizes the need for continued fiscal consolidation and capex growth. The government is also expected to focus on promoting domestic manufacturing and exports.
Capital Expenditure Outlay
The Capital Expenditure Outlay for FY 2024-25 is expected to be increased significantly. This investment in infrastructure is seen as a key driver of economic growth and job creation.
Other Expectations
Additional expectations include measures to address the rising cost of living, tax reforms to simplify the system, and policies to promote innovation and entrepreneurship.
Conclusion
The Union Budget 2024 is highly anticipated, with stakeholders from various sectors eagerly awaiting the government's economic roadmap. PwC India's webinar on 23 July 2024 provides a platform to gain valuable insights from experts and stay informed about the key developments. The budget is expected to shape the country's economic trajectory for the coming year and beyond, making it a crucial event for anyone interested in India's financial landscape.
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