Friday, July 11, 2014

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Post-Budget reaction by LG India

Post-Budget quote from Managing Director of LGEIL Soon Kwon:


Managing-Director-of-LGEIL-Soon-KwonWe welcome this budget and it has definitely created an overall positive sentiment. It is realistic and growth oriented.


Announcement of investment allowance is a boost for manufacturing sector. The budget should also bring a smile to the consumers with the increased tax exemptions that will leave them with extra disposable income and prospects to invest in white goods. Also government focus to work on a roadmap for GST implementation is a welcome step, considering it will bring transparency in the system and also make it faster and easier in movement of goods from one place to another.



Post-Budget reaction by LG India

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