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Budget Quotes

ICRA Analytics Note on Interim Budget for FY2024-25 January 17, 2024

Taxation 1. Removal of security transaction tax (STT) – The markets have had this demand for removal of STT for a few years now and as the GST collection went up, this demand has again gained traction. The move will attract more investors to invest in domestic equity markets. 2. Double taxation on dividend: The […]

Budget Quotes

Pre Budget Quotes from Gola Sizzlers, Cafe Hawkers and Sambar Soul Restaurants

Manik Kapoor, Director of Gola Sizzlers, Cafe Hawkers and Sambar Soul Restaurants: Anticipating the upcoming budget, Gola Sizzlers hopes for a revamped liquor licensing process, coupled with reduced fees. Additionally, support in the form of subsidies for local food sourcing is essential to tackle rising procurement costs. We also look forward to taxation adjustments and […]

Budget Quotes

Pre-Budget Expectations Quote by Vick Rana, Chairman and CEO of Red Ridge Global

The Indian toy and crockery industries are charting an impressive trajectory, with the toy sector projected to reach $3 billion by 2028 at a 12% CAGR, according to Invest India.With the approaching financial year of 2024, the focus intensifies on economic recovery, particularly in retail within both the toy and crockery sectors. Revitalizing these industries […]

Budget Quotes

Budget Expectations from Ms Aditi Balbir, Co-founder, EcoRatings

“The 2024 budget should prioritize sustainability in the infrastructure and energy sectors. Emphasizing sustainable agriculture and striving for net zero targets are also key focal points. We also expect measures including incentivizing sustainability in the retail sector, extending industry status recognition, and encouraging the adoption of Environmental, Social, and Governance (ESG) ratings across various sectors […]

Budget Quotes

Pre-budget expectation quote from Dr. Sujit Paul, Group CEO at Zota Healthcare Ltd

“To ensure affordable and world-class healthcare for the Indian masses, the Union Budget 2024 must prioritize key initiatives. Firstly, increasing healthcare budget allocation to 2.5% of GDP will bolster reforms and infrastructure nationwide. Secondly, a dedicated budget for upskilling healthcare workers, including pharmacists, is essential. Thirdly, implementing a PLI scheme for the healthcare sector will […]

Budget Quotes

Santanu Agarwal, DMD of Paisalo Digital Limited, foresees a focus on priority sectors and green initiatives in Union Budget 2024

BY Mr. Santanu Agarwal, Deputy Managing Director, Paisalo Digital Limited “As India approaches the upcoming Budget 2024 and the transformative era of the Lok Sabha Elections, a promise of prosperity and resilience beckons. Anticipating a balanced yet growth-centric budget, we expect a focus on priority sectors, green initiatives and proactive support for the rural sector. […]

Budget Quotes

Pre-Budget Expectation Quote from Mr. Mahendra Shah, Chairman and Managing Director, V-Trans Ltd

“Attention of the current Government has been substantial on enhancing logistic and supply chain efficiency. We expect policymakers to support the same further and also take steps to reduce supply chain costs. Many measures taken to boost manufacturing have started showing results and an efficient supply chain will boost the cause further. In the forthcoming […]

Budget Quotes

Budget Expectations Quotes By Chirag Mehta, Founder, Arbour, Investment

1. Increased Deduction Limits on Home Loan Interest: The current limits on deductions for interest paid on home loans could be increased. This would reduce the taxable income of home buyers, making home ownership more affordable. 2. Revision of Section 80C Limits: The Union Budget could propose a revision in Section 80C of the Income […]

Budget Quotes

Expectations from the Union Budget 2024 With special reference to the IVF Healthcare industry

“The healthcare sector in our country has observed encouraging growth last year, emerging as one of the leading nations in Asia Pacific to attract global investment and drive growth. However, beneath this success lies a hidden crisis: a rapidly falling fertility rate and an aging population, similar to other countries struggling with the same demographic […]

Budget Quotes

Pre Budget Quote on behalf of Mr. Sanjeev Srivastva, Chairman & Founder, Assotech Group, a leading real estate company

“As we stand on the brink of a new fiscal year, the anticipation surrounding the 2024 budget is palpable, particularly within the real estate sector. This budget holds the promise of being a catalyst for transformative change, steering the industry towards greater resilience and sustainability. As the Chairman and Founder of Assotech Group, my perspective is shaped by not […]