2019 Budget Expectation - Mr. Neel Juriasingani, CEO & Co-founder, Datacultr

"We believe that the funds allocated for the startups in the budget should be easily accessible to the startups incubated by the central or the state government.Besides, we expect that with the new budget, the government will introduce easy early stage funding and grants for tech start-ups working in the space of digital and financial inclusion.

The government should also make sure that startups have a level playing field with other companies, more particularly listed companies where they can participate and win tenders for central and state government projects.

Another key area that the GoI needs to address is GST compliance. We also expect the government to reduce tax rates creating a more welcoming ecosystem for the industry players. Policy regulations like these will allow entrepreneurs to devote their time, energy and resources to gain success and build upon more innovative ideas."

Source : Equity Bulls

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