Friday, February 26, 2010
Reactions of Mr. Seemanto Roy, Head – Aamby Valley City and Sahara Entertainment Business on Budget 2010
The Budget presented by the Hon’ble Finance Minister is progressive and will help the economy leapfrog.
The relief announced for the real estate sector and the enhanced allocation for development of Urban & Rural infrastructure augers well for the Indian Real Estate Industry.
The emphasis on solar energy and setting up of the National Clean Energy Fund is also well timed and will make India a key player in supporting the cause of curbing Global Warming.
The Budget has something for everybody. His proposal to corporate surcharge from 10% to 7.5% and also the lowering of tax slabs on personal incomes will create a surge of demand and competitiveness in the market.
The creation of a unique symbol for the Indian Rupee like the US Dollar and the British Pound will give an enhanced and unique identity to our national currency.
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