Apparel, Fashion & Retail | Finance & Economy

Retail sector Budget reaction quote: Durga Prasad Chalavadi, CMD, Sai Silks Kalamandir

Published: February 2, 2023
Author: TEXTILE VALUE CHAIN

“The Budget 2023 proposals will significantly increase consumption. It has put more money in the hands of the people through relief from Income Tax, which is a very great development. A reduction in income taxes should increase the disposable income of households and promote consumption. All facets of society – women, the middle class, and professionals alike – will profit from the government’s commitment to promoting growth and welfare-oriented measures.”

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