MoneycontrolJan 4, 2022MC Interview | Government may dole out tax sops for MSME sector in Budget 2022, says Amit Jain of AsMSME sector provides jobs to over 12 crore Indian citizens.It also contributes nearly 30 percent of the GDP and accounts for 49 percent of the exports.Union Budget for fiscal year 2023, which will be presented by Finance Minister Nirmala Sitharaman on February 1, is likely to focus on critical issues like demand generation, job creation, and putting the economy back on sustained GDP growth of over 9 percent going forward, says Amit Jain, Chief Strategist - Global Asset Classes at Ashika Group.In an interview with Moneycontrol, he said that the government may also dole out tax relief for the MSME sector by having differentiated GST slabs.Read more at Moneycontrol
MSME sector provides jobs to over 12 crore Indian citizens.It also contributes nearly 30 percent of the GDP and accounts for 49 percent of the exports.Union Budget for fiscal year 2023, which will be presented by Finance Minister Nirmala Sitharaman on February 1, is likely to focus on critical issues like demand generation, job creation, and putting the economy back on sustained GDP growth of over 9 percent going forward, says Amit Jain, Chief Strategist - Global Asset Classes at Ashika Group.In an interview with Moneycontrol, he said that the government may also dole out tax relief for the MSME sector by having differentiated GST slabs.Read more at Moneycontrol