Nationalist, pro-growth Budget: Shree Cement joint MD Prashant Bangur

This Budget is very prudent on the revenue side, with no major change in the direct tax and goods and services tax structures, Bangur says

Budget 2021 seems to have pulled most of the right levers to yank the economy out of the Covid-induced spiral. I hail the incredible nationalist and pro-growth Budget, which is focused purely on India’s economic development. This Budget is very prudent on the revenue side, with no major change in the direct tax and goods and services tax structures. 

However, increase in indirect taxes like Custom’s duty will give the much-need shot in the arm to domestic manufacturing companies in the long term and encourage MSMEs to make in India. This will also generate additional revenue for the government in