Expectations for Union Budget - NeoGrowth - Lending simplified. Growth amplified.

Finance Minister Nirmala Sitharaman is gearing up to present the first full Union Budget of the Narendra Modi 3.0 government on July 23. Anticipation is high among economists and industry leaders, who expect significant announcements on the income tax front. With the economy recovering from the pandemic’s impact, experts foresee the government continuing its emphasis on capital expenditure, particularly through infrastructure development. This strategy aims to stimulate GDP growth and bolster economic recovery.

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