HomeShop18’s Pre- Budget expectations

Quote from CFO of HomeShop18 Sarbvir Singh on Pre- Budget expectations:

A. Infrastructure

Investment in road, rail, air and ports is required to support industry growth. We believe Government will also take steps to promote investment in supply chain and logistics as that’s the backbone of our industry.

B. GST and Taxation

The NDA Government has already made a promising start. We expect the momentum to continue in the new fiscal budget. The long awaited GST roll-out will promote interstate commerce and allow a more efficient supply chain. We would also like to see steps towards an integrated taxation policy which will allow faster movement of goods across the country.

C. FDI

We think 100% FDI in B2C e-Commerce will be a very positive step forward for the industry. The industry needs capital to grow and increased availability will lead to job creation across the country. Further, SME’s will benefit from being able to reach consumers more efficiently.