Feb 01, 2021
Digital and Digital Category 2

Union Budget 2021: Manufacturing sector expects tax reforms, support for expansion of distribution, supply chain

I would like to see the government turn its attention from rural to the urban middle class. I believe tax breaks for the salaried class will be immensely beneficial, including steps to support the housing market. At this time, the middle class need all the help they can get as they have been badly impacted. I would also like to see the Finance Minister promote exports, in keeping with the ‘Make-in-India’ and anti-China sentiment. For our industry, I would welcome PLI schemes to provide an impetus to India’s manufacturing prospects and the kitchenware industry.  Any support when it comes to ease in GST compliance is also something that I am looking forward to.

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