Union Budget is just a day away and textile industry is eagerly awaiting the final announcement. Major players are planning to deal with the expected outcomes and are praying for some decisions.
Talking exclusively to Fibre2fashion, Ritesh Rathi, Chief Operating Officer, Vishal Mega Mart, put forth several policies that will best benefit his retail company.
Rathi wishes to see no change in present the sales tax rate expects the government to discontinue Central Sales Tax at the earliest. He also suggests that organized retail should be allowed to operate their establishment 365 days a year all across the country.
He stressed that the budget should focus on infrastructure development.
Vishal is one of fastest growing retailing groups in India. Its outlets cater to almost all price ranges. The showrooms have over 70,00 products, which fulfill all your household needs, and can be catered to under one roof. |