“Thou shall prosper” – signifies Finance Minister Arun Jaitley in the Budget speech to the startups on February 29, 2016. Prime Minister Narendra Modi’s most visible campaign to boost jobs and investments has been his ‘Start-up India, Stand-Up India’ plan. The campaign is meant to encourage entrepreneurs to start new firms that are not inspired by traditional businesses, is capable of generating jobs, and build an economy driven by technology.
The entire startup community has looked as this Budget 2016 as the most interesting one, which for the first time has been prepared from the entrepreneurial upliftment vision. Here are the pointers placed.
Alok Patnia written this article on yourstory.com analyzing the Budget 2016 from the prospect of startups.
Alok Patnia, CEO of Taxmantra.com has been actively involved in the start-up sector of India. He has been advising and mentoring a huge number of start-ups by providing them with necessary hand holding with regards to various issues like Entity Structuring, Funding, Tax and Regulatory compliances and allied issues. He is great insights on the business starting-up and maintenance issues. He is a qualified Chartered Accountant having post qualification exposure with Ernst and Young and KPMG at Bangalore.
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