Post Budget Reactions 2016-17 Of The IT Industry

“We welcome this budget as it is positively. It is a expansive budget covering various sectors and is focused

Mr. Gopal Pansari, Director at Savera Marketing Agency Pvt Ltd

Mr. Gopal Pansari, Director at Savera Marketing Agency Pvt Ltd

on growth. With respect to IT, few positive aspects are – thrive on innovation and patents from India, increased focus on digital initiatives spend including rural areas are few things to mention. Union Budget 2016-17 is a big step by Government to increase the standard of living of its people and to encourage entrepreneurs and companies to invest in India. In this budget, the government has tried to improve its already announced Start-Up India program which will surely encourage new start-ups to come forward and do business in India. Today, Government has also showed they are trying to make the business operation easier in India so that new companies can come and operate business here in India as well. Government has made several changes to customs duties and excise duties on raw materials, manufacturing for the IT products and Hardware sector which will surely boost Government’s ‘Make in India’ initiative.”

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