Union budget 2022 has many takeaways for the Indian startup ecosystem.
Here are some reactions about the budget from the head startups: Harsh Shah, one of the founders of FYND, the leading Indian Omnichannel platform (relief-supported company) tax on virtual goods both indirectly as now bringing digital currency under the supervision of regulations under the supervision of regulations under the supervision of.
, a very positive encouragement for Cryptocurrency and Web 3.0.
This will provide startup incentives to make more products & services in the Blockchain ecosystem.
High GST collection is also a good sign, providing appropriate government resources to improve this long-term plan.
Hats at an additional cost on capital profits on any assets are great things especially for ESOP Startup holders “Padmaja Rupael (one of the founders of India Angel Network & Founder Partners, Funds Ian) Ian is happy to see the expert committee to see on the regulatory framework for industry VC is handled in the Union 2022 budget Others will further increase the opportunity to start in India.
We value FM empathy, taking into account Covid, by extending the period per year to take advantage of tax incentives.
Amit Lakhootia, Founder & CEO, Park + We welcome the spotlight including clean technology and electric vehicles in the Union budget .
National Battery Exchange Policy and Mobilita Zone S Special for E.
vs, if implemented properly, can have a large multiplier effect on the EV industry that attracts new players.
Increased customs for fuel that is not controlled by ₹ 2 per liter will also encourage producers to develop flexi fuel machines, in line with government positions on cleaner fuel.
We hope that the announcement with some direct benefits for car owners and the car industry in general, given the difficulties facing our industry in the past two years due to pieces of pandemics and supply.
The automotive industry is the largest job source, contributing nearly 49% to the manufacturing sector, and new policies that increase growth will have a much wider impact on the economy.
Chetan Kumar, Co-Founder, TanknologiesFirstly, want to appreciate our government expand tax initiatives for startup until March 2023.
Through new tax and reform initiatives in direct taxes, the startup ecosystem will increase effectively in a short time in a short time.
The idea of launching a digital university will help understand Indian culture through world-class education.
The introduction of the digital currency by the central bank will definitely lead to cheaper currency management.
The budget highlight for us is the expansion of one class, a one TV channel program Evidya which will help promote regional languages in this country such as through programs, all countries will provide additional education in regional languages for class 1 to 12.
Budget 2022: startup what to say
