The
Union Budget focused on investment in infrastructure and social sectors while attempting to widen the tax base. Efforts to enhance the ease of doing business have received a fillip with focus on simplifying tax compliance. Wipro applauded the government’s efforts to increase digital inclusion.
“I would like to commend the Finance Minister for balancing the investment needs of a growth
economy with commitments on fiscal discipline,” said Jatin Dalal, the chief financial officer of
Wipro Limited. “The measures announced for the rural economy should boost productivity and incomes leading to growth in consumption. The government has responded positively to representation from the Industry to extend the sunset date on units in Special Economic Zone on account of the gestation time taken to operationalize production units in SEZ.”
He also applauded the efforts to increase the use of technology in e-governance.
“I welcome the special patent regime which will encourage research and lead to generation of
intellectual property in India,” he said.
(Image credits: wipro)