The Muslim Chamber of Commerce has hailed Union finance minister Nirmala Sitharaman for laying special focus on startups and industries in her maiden Budget. Its indeed pleasing to see First Lady FM has done exemplary performance on First Budget after Election. She strongly Focused on Start-Up, Environment and Rural Poor’s, said chairman of the Muslim Chamber of Commerce Syed Sirajuddin.
Recovery of 4 lakh crore by Banks, removing 6 Banks from Red and providing 70k crore to banks will bring Good days for Banks.
Apart from that 100% FDI in insurance intermediaries to PM Roads , Housing to Gandhipedia are all popular measures.
Development of 17 iconic tourism sites and Disinvestment of 1,05,000 crore will keep Government Kitty hefty.
On Taxation on one front enhancing Turnover from 250 crore to 400 crore for 25% tax slab would encourage FDI and added additional 3% tax to super riches.
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