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Budget 2025: Enhanced connectivity, reduction in GST rates, and sustainable transport, industry experts share their expectations

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Industry leaders in travel and hospitality have high expectations for the 2025 Union Budget, seeking improved infrastructure, reduced GST rates, and enhanced connectivity. They emphasize the importance of sustainable tourism,
The article from MSN discusses the expectations of industry experts for India's Union Budget 2025, focusing on enhancing connectivity, reducing GST rates, and promoting sustainable transport. Experts anticipate significant investments in infrastructure to improve connectivity, particularly in rural and semi-urban areas, to boost economic growth. There is a strong call for a reduction in GST rates on essential goods and services to make them more affordable for the common populace. Additionally, there's an emphasis on sustainable transport solutions, with expectations for incentives and policies that encourage the adoption of electric vehicles (EVs) and other green technologies. This includes potential tax benefits, subsidies for EV infrastructure, and support for research and development in clean energy. The overarching theme is a balanced approach towards economic development, environmental sustainability, and social equity.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/politics/government/budget-2025-enhanced-connectivity-reduction-in-gst-rates-and-sustainable-transport-industry-experts-share-their-expectations/ar-AA1xM20M ]