Budget 2025: US-India tax forum proposes bold reforms to enhance economic competitiveness

Union Budget 2025: The US-India Tax Forum has proposed recommendations for the Union Budget 2025-26. These include simplifying tax structures, enhancing foreign investment incentives, and supporting sectors like renewable energy and healthcare. The aim is to attract new investments, simplify compliance, and position India as a global economic leader. The proposals also suggest measures for transforming GIFT City into a financial hub.