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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
RETAIL
BUDGET HIGHLIGHTS & IMPACT
n Boost in GDP growth to spur consumption
Impact: Positive. Continued measures of government to boost GDP growth
are expected to drive Indian consumerism. This is likely to be positive for the
retail sector.
n Higher disposable income due to higher tax exemption to spur growth
Impact: Positive. Due to increase in the exemption limits on personal income
tax for individuals, disposable income is expected to increase. This is expected
to result in higher spending power as well as consumption, thereby benefiting
retail sector.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
RETAIL
BUDGET HIGHLIGHTS & IMPACT
n Boost in GDP growth to spur consumption
Impact: Positive. Continued measures of government to boost GDP growth
are expected to drive Indian consumerism. This is likely to be positive for the
retail sector.
n Higher disposable income due to higher tax exemption to spur growth
Impact: Positive. Due to increase in the exemption limits on personal income
tax for individuals, disposable income is expected to increase. This is expected
to result in higher spending power as well as consumption, thereby benefiting
retail sector.
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