Mr. V.R. Sharma, Managing Director, Jindal Steel & Power Ltd., states, “Coal gasification, coal to the liquid initiative, and the date of manufacturing for claiming the 15 percent concessional income tax rate on greenfield projects is extended till 31 March 2024 by the government are appreciated highly.”
I am delighted to see this as a futuristic Budget. The 9.2 percent GDP growth is commendable.
Coal gasification, coal to the liquid initiative, and the date of manufacturing for claiming the 15 percent concessional income tax rate on greenfield projects is extended till 31 March 2024 by the government are appreciated highly.
Watch: Wire & Cable Industry Reviews the year 2021
Trust-based governance, single-window clearance & approval, battery swapping, skilling of people, linking of 5 rivers, 400 new Vande Bharat Trains, multi-model logistic parks, housing & construction of roads are appreciated.
Also Read: Jindal Steel and Power: Indian Steel Sector Scripting a Strong Growth Story
Green Bonds, surety bonds instead of BG, funds for start-ups are excellent moves. This is an excellent Budget for India from 75 years to 100 years way forward.
