Reaction on Unoin Budget 2020 - Nippon Paint India

"We find Union Budget 2020 to be a reasonable one with strong measures and good intent. Tax benefit for the middle class makes life easier for the common man and leaves more money in the hands of the consumer. Decriminalization in the Companies Act is a major positive that Corporate India will welcome. No reduction in GST rate for vehicles is a dampener for us," Mr. Sharad Malhotra, President - Automotive Refinishes and Wood Coatings, Nippon Paint India.

Source : Equity Bulls

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