'It is a growth oriented inclusive budget with focus on infrastructure, investment, MSME and health sector to revive growth on fast track.'
The measures are expected to give the right momentum to the economy in the medium to long term. Tax reforms and tax simplification measures especially reducing the time-limit for reopening of assessment to 3 years are steps in the right direction. Higher allocation to infrastructure, extension of exemption for the purchase of affordable houses till March 2022 and tax exemption to rental housing projects will provide necessary boost to the ceramic industry.?
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