Neeraj Jain, CFO, Cosmo Films: “Union Budget 2020 overall looks balanced, with a focus on transforming the economy and people’s welfare. The proposed focus on education, infrastructure, data processing, healthcare and cleanliness is appreciated. Various steps taken to reduce regulatory compliance and creating an environment for ease of doing business will strengthen the MSME sector and will give a boost to overall economic growth. However, the increase in effective tax on high income group and dividend income is contrary to the country’s intent towards creating a low tax structure.”