Saturday 1 February 2020

Post-Budget Reaction quote of Mr. Namit Bajoria, Director, Kutchina

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Mr. Namit Bajoria, Director, Kutchina, “I welcome the moves proposed by the Government in today’s Budget as the fiscal space has been utilized properly, though would have liked if individual industries were given a little more focus. The proposal in bringing down the litigation in Direct Taxation Scheme has been a good move. The major relief for taxpayers is also welcomed wholeheartedly and with the reduction of GST on household consumption items, families will be benefitted immensely. The digital refunds of duties and taxes to exporters, will help the country to be more export oriented economy. The scale of our economic challenges were big this time, and hopefully we will be able to proceed with the right intent in this long-term economic model”.

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