Sidharth Birla,
President, Ficci

Sidharth Birla, President of Ficci, welcomed the first Modi Budget stressing the point on a stable and predictable tax regime which would be investor friendly and spur growth.

"One of our key priorities was to see a clear course of action to end tax adventurism. The government has tried to address this by promising to not to change any of the tax provisions retrospectively which creates a fresh liability and committing to provide a stable and predictable taxation regime that will be investor friendly and spur growth," he said.