Commenting on Union budget, Govind Shrikhande, President and CEO of Shopper's stop, said, “Budgets can never win over everyone. They are always a Mixed Bag. The Big Positives are (i) Increase in Tax Slabs would put more Money in hands of Consumers For savings & Spending. This should result in Higher Consumption. (ii) Announcements of Road Map of GST, Direct Tax & FDI in Retail is good news for the Industry. (iii) 4/4 Scheme for Agriculture, Housing Loan Subsidy, Infrastructure Spends, Opening up Of NBFC's, Reduction in Surcharge On Company Profits are all Positives”

Powered by Capital Market - Live News