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Emphasis on fiscal consolidation, tax system simplification, and investment-driven growth, in the Budget 2025 will lay a solid foundation for sustained economic development in India, asserted global consulting and professional services firm Ernst & Young (EY) India.As India prepares for the Union Budget 2025-26, expectations are focused on a set of strategic reforms that can propel the economy forward.According to EY India, key areas of focus should be to enhance public expenditure, reduce fiscal deficit, incentivise private sector investment, and introduce targeted tax reforms to foster business innovation.ALSO READ: Budget 2025 date and time: When will Finance Minister Nirmala Sitharaman present India's Union Budget this year?Sameer Gupta, National Tax Leader, EY India, said, "The Go

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