P R Agencies

Union Budget 2013

Suresh C. Senapaty
Executive Director & Chief Finance Officer
Wipro

"Reforms have progressed in the areas of Direct Tax Code, GST, financial markets regulatory authority for road sector and Tax Administration Reforms Commission to bring about a tax regime, which will be more proactive in the closure of issues rather than litigious. It addresses sustainability initiatives through investments in renewable energy, waste to energy projects in PPP model and has incentives for wind energy projects. The Budget has proposed steps towards inclusive growth with measures around financial inclusion, investments in education and welfare of women and children. Overall, the budget is balanced and realistic."