Former Finance Commission Chairperson NK Singh said the way Finance Minister Nirmala Sitharaman has introduced and explained the tax reforms is beyond audacious and extremely rational.
Finance Minister Nirmala Sitharaman presented a record eighth consecutive budget, which is expected to contain measures that ease the burden on the middle class struggling with high prices and stagnant wage growth while being fiscally prudent. As per the Economic Survey tabled on Friday, the Indian economy is expected to grow at 6.3-6.8 percent in 2025-26. While India will need structural reforms and deregulation to reinforce medium-term growth potential, investment activity is expected to pick up.