Post Budget Reaction From Mr. Bishal Kumar,Founder,Ameyo
Budget 2016 has covered all the critical areas with surrounding theme of extensive economic growth. The Budget has provided a considerable benefit to the try cash flow and savings of common man, wherein the primary focus stays on rural and infrastructure sector. The systematic and aggregated financing in these two demanding sectors will not only create employment opportunities but will also prosper India’s growth in terms of mindful entrepreneurs. Furthermore, I am cautiously optimist on the 100% deduction on profits for first 3 years, even though it has a potential of strengthening a startup foundation, as a policy it also risks being misused for tax evasion purposes. Overall, it’s a well-balanced budget which will make a difference to the lives of millions.