‘Budget has been a mixed bag of good and not so great news’
Founder, Director of Avaali Solutions Pvt Ltd, Ms. Srividya Kannan’s views on Union Budget 2017, published in The Education Post. The article was also carried in the online version.
“The budget has been a mixed bag of good and not so great news,” Srividya Kannan , Founder and Director, Avaali Solutions Pvt Ltd told The Education Post.
“Bringing down the corporate tax rate to 25% for MSME is much welcome as well as reduction in personal income tax rates for the lower end of salaries. Infrastructure status to the affordable housing sector and reduction of capital gains period from 3 to 2 years, will hopefully revive the sector. Not much good news otherwise for corporate tax rate outside of MSME or individual tax rates. Again, much depends on a detailed understanding post reading the fine print,” she added.