Mr. Manish Bansal, Director, Window Magic- From an MSME point, overall it’s a neutral budget and nothing much has changed. However, there is positivity from the government budget. The government is giving a lot of emphasis to digitalization in every aspect be it crypto currency being recognized and e-passport. Whereas MSME and a business owner are concerned, there is no change in tax though there was an expectation of change in taxes to support the MSME. However, ECLGS has been a boon for MSMEs in the pandemic, and this extension and the increase in allocation is a great move. This also might help the overall economy once there is a good cash flow.
Quote for Post-Budget – MSME Sector
