PHDCCI submitted a pre-budget memorandum urging growth-friendly tax reforms supporting Viksit Bharat, Make in India, and investment-led industrial expansion.

• Advocated restoring concessional corporate tax rates for manufacturing, boosting investments, employment, and industrial competitiveness across emerging high-growth sectors in India.
• Recommended simplified personal tax structures to enhance disposable incomes, drive consumption, and ensure transparency in the tax and refund system.
• Proposed rationalizing import duties on steel, paper, gold, and healthcare to align tariffs globally and streamline customs for trade facilitation.