Being a domestic mobile handset manufacturer, we expect the budget to further encourage & felicitate an environment for the creation of a mobile ecosystem that will give impetus to domestic manufacturing. Digital India & Skill India are the other key initiatives we look forward to working on. An imperative concern of this sector is the existing Cenvat credit scheme wherein suitable steps are required to justify input credit scheme to make home-grown facilities viable against imports. It is certainly the right time for firming up industry friendly tax regimes. We hope the Union Budget will effectively takes forward the reforms agenda.
- Pre-Budget Expectations by Axis Communications
- Pre-Budget Expectations by Mr. Sudhin Mathur- Director-Smartphones, Lenovo Group