{"id":18077,"date":"2020-02-03T14:08:45","date_gmt":"2020-02-03T14:08:45","guid":{"rendered":"http:\/\/faceinews.com\/?p=18077"},"modified":"2020-02-03T14:08:45","modified_gmt":"2020-02-03T14:08:45","slug":"reaction-to-union-budget-2020-nagaraj-krishnan-managing-director-aparajitha-corporate-services-private-limited","status":"publish","type":"post","link":"https:\/\/www.faceinews.com\/?p=18077","title":{"rendered":"REACTION TO UNION BUDGET 2020 &#8211; NAGARAJ KRISHNAN Managing Director, Aparajitha Corporate Services Private Limited"},"content":{"rendered":"<p><a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2020\/02\/Mr-Nagaraj_Krishnan.jpg\" rel=\"attachment wp-att-18078\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-18078\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2020\/02\/Mr-Nagaraj_Krishnan.jpg\" alt=\"????????????????????????????????????\" width=\"768\" height=\"1003\" srcset=\"https:\/\/www.faceinews.com\/wp-content\/uploads\/2020\/02\/Mr-Nagaraj_Krishnan.jpg 768w, https:\/\/www.faceinews.com\/wp-content\/uploads\/2020\/02\/Mr-Nagaraj_Krishnan-230x300.jpg 230w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" rel=\"attachment wp-att-7654\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7654\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" alt=\"Faceinews Logo - Copy\" width=\"173\" height=\"43\" \/><\/a><\/p>\n<p>REACTION TO UNION BUDGET 2020<\/p>\n<p>Apart from the GDP estimation of 10 percent being on higher side, we see a lot of positivity in the budget proposals tabled by Hon\u2019ble Finance Minister Smt. Nirmala Sitharaman.<\/p>\n<p>\uf0a7 Major thrust has been given to the infrastructure industry, including railway infrastructure and railway connectivity. This will help them revive from the sluggishness in the economy and improve liquidity in the market.<br \/>\n\uf0a7 The new education policy integrates education, skilling and employability. This will help address the prevailing employment issues.<br \/>\n\uf0a7 The proposals to support MSME industry through National Logistic Policy, invoice financing facility and revising the audit limit to INR 5-cr from INR 1-cr is laudable<br \/>\n\uf0a7 The manufacturing sector will also get a boost through the investment clearance cell and the already announced reduction in corporate tax to 15 percent<br \/>\n\uf0a7 Introduction of smart electricity meters will help the consumers and improve the efficiency of DISCOMS<br \/>\n\uf0a7 Massive digital push by the government through fiber net connecting villages will add value to rural lifestyle<br \/>\n\uf0a7 Announcement of 112 hospitals will definitely play a major role in bridging the gap between healthcare requirement and availability<br \/>\n\uf0a7 The conversion of criminal to civil liabilities on Companies Act matters will give confidence to Corporate<br \/>\n\uf0a7 3.5 lakh crore to public sector companies will help renew the Banking sector and improve the liquidity in the market<br \/>\n\uf0a7 Marginal tax benefits to tax payers will provide decent relief to the common man<br \/>\n\uf0a7 Abolition of dividend distributed tax will help the market<\/p>\n<p>The budget indicates that it\u2019s a good time for companies to go for expansion and create more employment, which calls for wider compliance requirement. With these forward looking proposals, Aparajitha aims to grow by 20 percent in the coming fiscal.<\/p>\n<p>NAGARAJ KRISHNAN<br \/>\nManaging Director,<br \/>\nAparajitha Corporate Services Private Limited<\/p>\n","protected":false},"excerpt":{"rendered":"<p>REACTION TO UNION BUDGET 2020 Apart from the GDP estimation of 10 percent being on higher side, we see a lot of positivity in the budget proposals tabled by Hon\u2019ble Finance Minister Smt. Nirmala Sitharaman. \uf0a7 Major thrust has been given to the infrastructure industry, including railway infrastructure and railway connectivity. This will help them [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":18078,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,30],"tags":[],"class_list":["post-18077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-finance"],"_links":{"self":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/18077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18077"}],"version-history":[{"count":1,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/18077\/revisions"}],"predecessor-version":[{"id":18079,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/18077\/revisions\/18079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/media\/18078"}],"wp:attachment":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}