Kolkata: Talking about the Budget 2021, Yashovardhan Gupta, Managing Director of Torero Corporation has requested the Government to focus on the ‘Minimum Government, Maximum Governance’ Mantra, given by Prime Minister Narendra Modi. He has also urged that the Budget should not upset the momentum.
He said, “Businesses, Entrepreneurs are rebounding resoundingly, after a deflationary 2020. The expectation is that Budget should not upset the momentum. Expectations are for a) same corporate tax b) reduction of income tax c) reduction of cess on HNI d) large scale disinvestment both in Large PSUs, as well as sale/closing of unprofitable PSU e) large scale reforms in education, health, infrastructure f) large scale spending on education, infrastructure, ports, roads, railways, airports and defence g) export incentives, import disincentives and h) reduction of bureaucracy.”