In the wake of the Covid-19 pandemic, nations are reordering their priorities, focusing on public health and planning for economic recovery. The right set of fiscal measures can help economies restart and reconfigure themselves. Foreign capital gravitates towards the right market, provided it has a stable tax ecosystem that allows businesses to focus on growth. As the government aims to prioritise investment in the infrastructure sector, a lower tax rate benefit (17.16%) can be provided to the sector. In order to reassure existing investors, the government could identify stressed business segments which need support to recover, and provide a package of tax support. This package could include increasing the period of carry forward of losses, carry forward or backward of IT/GST refunds at the taxpayer’s choice to adjust tax liability, and relaxation of input tax credit provisions under GST. Such benefits would highlight the government’s intention of sharing the burden of recovery with taxpayers and would make India a preferred jurisdiction for future expansion.