Friday, 20 September 2019

Quote on Corporate Tax Reduction

Quote of Harsh Agarwal, Director, Emami Ltd
Harsh Agarwal, Director, Emami Ltd - We welcome the bold step taken by the Finance Minister to boost the country’s economic growth and revival.   The reduction in corporate tax rate as well as MAT rate was much needed and is a boon to both established and new companies.   This proactive step by the Government will help to arrest slowdown and lift the overall market sentiments.
Quote of Aditya V Agarwal, Director, Emami Group
It’s a ‘Dream Mini Budget’ announced by the FM today. The tax reliefs announced is in-arguably the best & quickest way to boost private consumption, especially during the ensuing festive seasons and will help in tackling the current economic slowdown.     This will also facilitate inflow of funds in the infra and housing segment which will create high demand for the cement industry as well as boost consumption of daily need products such as edible oil. - Aditya V Agarwal, Director, Emami Group

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