More reports on: Economy - general
Cannot see any negatives: Adi Godrej, chairman, Godrej Group news
28 February 2011

I think it was a very well balanced Budget and growth oriented. It will be very good for the economy. The decision to formally introduce the constitutional amendment for GST is a very good one.

The increase in limit for income tax exemption for tax payers will add to consumption, which is desirable.

The reduction in surcharge for companies from 7.5 per cent to 5 per cent, is desirable, although I would have liked to see surcharge completely removed.

I didn't see any thing negative in the Budget. But what I like the best is that the widely expected increase in excise duty was very sensibly not resorted to.





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Cannot see any negatives: Adi Godrej, chairman, Godrej Group