Monday, July 6, 2009

Post Budget Reaction - Kale Consultants Ltd.

Hello,

 

Please find below the quote on behalf of  Vipul Jain - CEO & Managing Director, Kale Consultants Ltd.

 

The finance minister has given a balanced approach to the budget. Initiatives towards abolishing FBT and increase in tax exemption for salaried employees is commendable. The 1 year extension of the STPI scheme is appreciated, but a longer extension would have definitely helped the industry. Increase in MAT is also not a favourable move. The honorable minister had a good chance to boost the corporate sector in face of the economic conditions, but the focus seems to be on driving demand by giving incentives to the rural sector.

 

Please find attached the photograph of Vipul Jain. 

 

 

Warm Regards

 

Dhanya Nambiar

Adfactors PR Pvt. Ltd. 

Technology Communications Group
Raj Mahal, 4th Floor,
84, Veer Nariman Road, Churchgate,
Mumbai 400020
tel: +91 22 2287 1361
fax: +91 22 2287 1365
mobile: +91 9324490030

 
 

 

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