Kanpur: The budget presented by Indian Finance Minister is good for the country and it will provide a boost for growth, said the residents, welcomed this year’s budget.
However, representatives of the skin industry, Mukhatarul Amin and RC Bajpai, good stated budget and commented that the Minister of Finance had tried to accelerate the highest country growth among all major economies.
Good for industry, etc.
This will provide new heights to this country.
It also states that the budget is benficial for the skin industry, which is one of the main industries of Kanpur.
“The Minister of Finance has considered our demands and has opened a new sector for this industry.
There are several items used by the industry to import as accessories for the product and it is taxable.
Under this budget, the FM has released tasks against bonds, where the product must be prepared And exported within six months.
Likewise, the chemicals known as wet-blue have also been made free of charge.
Last year under the Ambit Tax, “he said.
About the new sector, Amin also said that FM has announced that the procurement of 65 percent for defense requirements will be purchased by small-scale industries.
It will also help the skin industry because there are large supply of shoes and leather gloves, etc., in the defense sector.
Accountant Chartered RC Bajpai commented that the budget would have a long-term positive impact on the Indian economy.
The total expenditure in 2022-23 was seen at Rupee 39.45 trillion.
Profitable economic recovery from public investment and capital expenditure.
This budget will provide a boost for growth, he added.
The government imposes tax revenues from a transfer of digital assets by 30 percent.
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