Business Standard

Tuesday, December 24, 2024 | 12:07 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

A populist but positive Budget, says Thermax CEO MS Unnikrishnan

The change in income tax slab for micro, small and medium enterprises (MSMEs) is a bold move

budget2018
Premium

Photo: Shutterstock

Business Standard
This is an election Budget, targeting the forthcoming state and central elections. The focus has been more on agriculture and infrastructure, issues that will matter to the electorate next year. The allocation of funds for connecting major highways and agricultural markets to the National Highways Authority of India and other agencies is a positive move. 

The Railway Budget announcements are also a positive move, the double line track for Mumbai rail and allocation for the Bengaluru Metro. This, however, should reach the implementation stage and not remain on paper only. Incentives for localisation of electronic goods with duty change

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in