Apart from 30 – 35 percent relaxation in the corporate tax and a reduction in the import of IT and Hardware products, there is nothing to boost the mobile phone industry of India. We were expecting some good reforms in the structural changes, easy registrations and approvals, etc. The budget is not in the line of ‘Start-up India, Stand up India. It is good for the Agriculture sector, but nothing has been offered to the manufacturing and trading businesses.
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