The Union Budget 2015 has stood up to our expectation and is well aligned to the visions of Prime Minister Modi’s ‘Make In India’ campaign, with import duty restructuring and other incentives.
The decision of making startups working in-sync with the Make In India Campaign to be made 100% tax free is a welcome step and will encourage more start-ups in coming years. Also the impetus that has been layed on the small business/professional Tax payers. Pre-emptive taxation policy for small business is a great way to encourage more and more self employment.Infra-cess on Petrol, Diesel cars and SUV’s will in longer term help the problem of air-pollution that we as a country have been dealing with since long.
Technuter.com News Service