Budget focus should be on lowering indirect taxes, rural job creation to improve demand: Godrej Consumer CFO

Aasif Malbari, CFO of Godrej Consumer, discusses the need for stimulus in the rural economy and the potential for a boost in consumption through lower indirect taxation rates on everyday products. He emphasizes the importance of focusing on the consumption side of the economy in the budget, particularly through rural job creation. Additionally, he highlights the need to streamline compliance processes and reduce the cost of doing business to free up resources for the industry and calls for actions that can stimulate investments, such as income tax relief and indirect tax relief for capex investment.

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