Budget 2024 needs to take steps to address lower than expected growth in consumption: Godrej & Boyce CEO

BUDGET: Godrej & Boyce CEO Anil G Verma urges the government to review personal income tax slabs in the upcoming Union Budget to boost private consumption and investment. He commended the interim budget's focus on infrastructure, fiscal prudence, and welfare, and called for measures to optimize GST rates, reassess interest rates, and promote innovation and sustainable practices.