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