“In the Union Budget 2019, we look forward to the Indian government being startup friendly. Startups require a continuous flow of fund, operation and regular upgradations,.To meet this requirement, both the governments, central and state, must take measures/initiatives that are specifically focused towards the development of startups. The government must conduct programs, formulate policies and schemes to encourage new age startups. The government should introduce a policy framework that ensures seamless operations, efficient company registration and less of paperwork.
Another key area, where we want our government to take action is “demand-supply-cost gap”. With various technological developments in the IT industry, evolved customers buying patterns, variable GST rates in goods/IT products, the government should consider reducing the current 18% GST.”
