We welcome the growth-oriented Budget 2015. It is consistent with the stated objectives of the Government, reinforcing its commitment to realization of infrastructure projects. With the Budget, the Government seems inclined to follow its bold path of building infrastructure and improve ease of doing business. Its intention to increase public investments while decreasing Corporate Taxation over a period of time are also steps in the right direction, and we are sure these steps will further improve the confidence of investors and industry alike. We also welcome the Government’s decision to defer GAAR by two years and the introduction of GST in April 2016.
