Cargo Breaking News
“It is call of the time that the Finance Minister takes suitable steps to refurbish and revive the airports which still lack the infrastructural support to their users. Efforts must also be made to increase the regional connectivity by roads by providing highways to achieve an accelerated reach between the manufacturing unit and the transporting carrier. Further, abolition of complex policies, aggressive price cuts and multi-tiered tax system are vital followed by introduction of GST,” wishes Sunil Kohli, Managing Director, Rahat Cargo.
“Entrepreneurs should be encouraged for ‘ease of doing business’ and focus should also be made towards introducing a single independent authority to facilitate ‘Digital India’ and ‘Make in India’ implementation. It is also expected from the FM to undo the tedious documentation process and bring in the methods to do away with paper work and switch to the digital mode instead,” Kohli persist.
The logistics industry is highly fuel intensive and its operating cost is largely dependent on the petroleum prices hence a liberal taxation may be considered on such products. To promote a larger quantum of exports, the FM should also consider an enhanced incentive or fiscal concessions to the exporters.
