Expert's View

Viknesh Jain, Ceo, MD, Euronics on the upcoming budget

These sectors are looking forward to more reliefs in terms of lower taxes and incentives

“The finance ministry is likely to focus on sectors that were severely impacted by the second wave of the pandemic. These sectors include travel and hospitality, which are one of the prime areas of focus for Euronics. These sectors are looking forward to more reliefs in terms of lower taxes and incentives in the upcoming union budget. this would have a good impact on our business as it will make hygiene and sanitation extremely necessary to attract their customers and Euronics will be more than happy to step up with our wide variety of contactless and automatic accessories.

Apart from this, it is also expected that the finance ministry would extend eclgs (emergency credit line guarantee scheme) along with other loan guarantee schemes for msmes as well as the hospitality/tourism sector. this might really help in flexible business across other sectors.” Mr. Viknesh Jain, CO, and MD, Euronics

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