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India Budget 2024: Tech Startup CEO Perspective
Mumbai (Maharashtra) (India) July 31 : India announced its new budget for 2024 on Tuesday, 23rd July. The new budget featured policies aimed across various sectors to offer growth, sustainability, and digital advancement. However, as an NRI, the greatest highlight of this budget has been the policies regarding angel tax for startups. The focus on [...]
Mumbai (Maharashtra) (India) July 31 : India announced its new budget for 2024 on Tuesday, 23rd July. The new budget featured policies aimed across various sectors to offer growth, sustainability, and digital advancement. However, as an NRI, the greatest highlight of this budget has been the policies regarding angel tax for startups.
The focus on digital infrastructure stands out as a significant boost for India’s digital sector. With the commitment to expand broadband and 5G networks, this budget will accelerate the growth of digital businesses and startups.
The added emphasis on tax reforms and incentives for investment is another positive step towards creating a more business-friendly ecosystem with lower running costs to attract global investors, such as myself.
