Budget may need to dole out tax incentives for capex boost by private sector
Union Budget 2023: While there are some signs of capex revival by the private sector, it is skewed in favour of a few sectors and a few big players contributing to the bulk of investment in the economy. The small and mid-sized players continue to remain on a back-foot given the economic uncertainties. Some incentives from the government on tax front may encourage revival of the private sector capex.
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