• Version
• Download 59
• File Size 616.58 KB
• File Count 1
• Create Date 23 April 2024
• Last Updated 25 April 2024

Government Incentives for the Corporate Sector in India: Driving Growth and Investment in a Dynamic Economy

Dr. Faraz Ahmad

Associate Professor

Al-Barkaat Institute of Management Studies, Aligarh.

Abstract

The Indian corporate sector stands as a critical engine propelling economic growth, job creation, and innovation within the nation. Recognizing this pivotal role, the Government of India has implemented a comprehensive framework of incentives and policies aimed at fostering a robust, dynamic, and investment-conducive business environment. This article delves into the key government incentives available to Indian corporations, encompassing tax breaks, subsidies, and regulatory reforms. It further analyzes the impact of these incentives on corporate behavior, economic development, and the overall business landscape. By drawing upon the latest data, case studies, and emerging trends, this analysis aims to illuminate the effectiveness of government initiatives in shaping a fertile ground for corporate growth and investment in India.

Keywords: Government incentives, corporate sector, India, economic development, investment, business environment, innovation, competitiveness