Written by Sumit Singhania & Anuj Agarwal
India Inc would expect in this year’s Interim Budget enhanced allocations and tax policy directives especially for the infrastructure sector as part of directional policy announcements. A key catalyst for infrastructure development is the power sector . Recently, India transitioned from a power deficit to a power surplus country and the impetus is now on dependable, sustainable, and affordable electricity for all. Tax incentives and certainty in outcome can help attract investors and developers as the government eyes ambitious capacity targets.
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