MC-Deloitte CEO Survey: 91% CEOs demand simpler tax regimes and compliances

In the run-up to the Union budget 2025, CEOs are demanding simpler tax regimes and compliances to enhance ease of doing business in India, according to an exclusive Moneycontrol-Deloitte survey of 45 CEOs and CXOs across financial services, consumer goods, technology, and energy sectors.

The survey showed that nearly 91 percent of the respondents want simpler tax regimes and compliances to make India and attractive investment destination. About 60 percent said digitisation efforts need to be enhanced and that the government must implement an online single window system for clearances, while integrating business procedures.

Almost a similar number of CEOs (57 percent) said easy compliance process for trade and investment across borders would be a significant measure, while 40 percent sought improvement in land and labour laws. At least 38 percent of the respondents felt reskilling and upskilling talent and reducing skill gaps to improve job prospects was necessary, while 33 percent urged fast disposal of commercial disputes. Only seven percent of the CEOs felt the need for effective framework and process for insolvency.