Views on Union Budget 2020 by Anshul Singhal, managing director, Welspun One, “The simplified personal tax regime and effective reduction in tax rates for the sizeable middle class will create a definite upswing in consumption. It’s also heartening to see the government’s continued impetus to the country’s transport infrastructure with the 1.2 trillion rupee proposal to enhance our trunk infrastructure. Both these will have a very positive impact on warehousing demand and supply. The national logistics policy, which the FM touched upon, will minimise the development hurdles and help the overall sector and economy.”
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