NEW DELHI: With a larger share of the economy captured in tax net post demonetisation , government should improve liquidity in the market and also lower income tax slab, said Pushpa Bector "The budget this time is expected to have measures that will improve liquidity in the market. Post demonetization, there is a strong expectation on reduction in income tax slab, which will further aid disposable income. A better tax structure will directly have a positive impact on retail," said the Executive Vice President & Head, DLF Premium Malls. Most categories are expected better margins which may be passed on to consumers leading to higher sales. "It is expected, she added, there will be a further move towards a cashless economy will improve plastic economy and world over has aiding retail spending.
Source: Economic Times January 20, 2017 10:49 UTC