There are many positives in this year?s Budget. Sufficient thrust has been given for the sectors across Transport, Infra-structure development including rail road, highways, PMGS program etc. Reduction in the holding period for long term capital gain from 3 years to 2 years and advancing the base year for calculating the indexation for cost of acquisition from 1981 to 2001 are most welcome and could provide a boost to the real estate sector. Significant emphasis on digitalisation to bring in transparency and to reduce corruption is a move in the right direction. The income tax rebate given to promote MSME sector is also a good decision. Some steps to incentivise savings and investments could have been provided for.
 
- Anand Sundaresan, Chairman, Schwing Stetter Sales & Services India