![India Inc. Remains a Cautious Investor](https://images.assettype.com/fortuneindia%2F2022-12%2Fe2298fd0-64fe-418e-bb75-b66a3398d5f6%2FPrivate_Investment_1.jpg?w=300&q=95)
India Inc. Remains a Cautious Investor
Private companies are not going full throttle to expand capacities despite deleveraged balance sheets, higher profitability and a healthy banking system ready to back their ambitions.
Private companies are not going full throttle to expand capacities despite deleveraged balance sheets, higher profitability and a healthy banking system ready to back their ambitions.
Congress urged the Centre to announce tax breaks for the middle and lower income classes.
A parliamentary panel estimates a loss of ₹1.84 lakh crore due to the 2019 corporate tax cut in the first two fiscals of FY20 and FY21 alone