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New Delhi, Jan 29: The cis seeking rationalisation of tax rates on bathroom fittings and a slew of steps from the Centre to boost demand for such products, officials said on Thursday.
With rising infrastructure spending, sops for industries for cost-effective production, an increase in disposable income through tax cuts can be helpful to put the country’s GDP back on the 8-per cent growth track in the next fiscal, an official of a leading sanitaryware maker said.
“The government needs to focus more on the demand side. Apart from the government’s expenditure, the Centre should boost the consumer spending by extending sops,” Roca Bathroom Products managing director KE Ranganathan told PTI.
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