Union Budget 2017 - Mr Aditya Loomba, Joint Managing Director, ECO Rent A Car

The budget was ore or less as per my expectation, as it focused mainly on infrastructure growth like roads, sanitation, affordable housing etc.

It also focuses on implementation of recent demonetization and digitalization policies.The HNIs will be taxed more and the tax burden on lower-mid income will be reduced.There was also some tax relief for small businesses which I feel is a good initiative. Personally, I wished there could have been more focus on our Tourism and Hospitality industry as it has a much greater potential for growth and needs suitable investments.We are a large country with an amazing potential for tourism. If the tourism grows, it has cascading benefits on Employment, GDP and general image building of our nation.

Source : Equity Bulls

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