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Union Budget 2010 – 2011 Reactions of Mr. Seemanto Roy, Head – Aamby Valley City and Sahara Entertainment Business

Posted on 26 February 2010 by admin

The Budget presented by the Hon’ble Finance Minister is progressive and with help the economy leapfrog.

The relief announced for the real estate sector and the enhanced allocation for development of Urban & Rural infrastructure augers well for the Indian Real Estate Industry.

The emphasis on solar energy and setting up of the National Clean Energy Fund is also well timed and will make India a key player in supporting the cause of curbing Global Warming.

The Budget has something for everybody. His proposal to corporate surcharge from 10% to 7.5% and also the lowering of tax slabs on personal incomes will create a surge of demand and competitiveness in the market.

 

The creation of a unique symbol for the Indian Rupee like the US Dollar and the British Pound will give an enhanced and unique identity to our national currency.

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