Budget 2017-18 - Mr. Sanjay Shroff, Managing Director & Founder, Styletag.com

"The budget has an eye on fiscal prudence . The boosts towards infra spends and railway safety will show results in times to come. The focus on agricultural and rural development is welcome. Beginnings towards rationalization of taxes both for corporate and individual incomes is a step in the right direction. This will help both the common man which falls under the middle income group and the smaller companies.The move towards cleaning up political funding is very welcome. For us personally, from an e-commerce industry point of view, the demonetization and the thrust on digital economy is very promising. It will open up further opportunities and a wider market for us.The ceiling of 3 lakhs on cash transactions will also go a long way in ensuring better compliance and shift towards the digital economy."

Source : Equity Bulls

Keywords