Ramit Sethi, Founder and chief mentor Career Co-
FDI would be favorable for us as it will generate job opportunities and help people to find their career. But we are not happy with 14% tax on companies..And also, the amount allocated for startups is too less.
Comment from Abhinav Choudhary, Co-Founder, Smartprix.com,
Budget 2015-16 may prove to be A Game changer for tech startups in India. According to Economic Survey 2014-15 Indian Tech startup landscape to be in the mode of hyper-growth. In line with the growth, allocation of 2000cr for startups will definitely be seen as a positive sign from Govt.
FM announcement of reducing corporate tax from 30% to 25% in the next 4 years will increase the expenditure power on marketing and technology of Smartprix.com – An online comparison shopping website and creation of more jobs in the technology sector is expected in the upcoming years. Reduction in the rate of income tax on royalty.
FDI would be favorable for us as it will generate job opportunities and help people to find their career. But we are not happy with 14% tax on companies..And also, the amount allocated for startups is too less.
Comment from Abhinav Choudhary, Co-Founder, Smartprix.com,
Budget 2015-16 may prove to be A Game changer for tech startups in India. According to Economic Survey 2014-15 Indian Tech startup landscape to be in the mode of hyper-growth. In line with the growth, allocation of 2000cr for startups will definitely be seen as a positive sign from Govt.
FM announcement of reducing corporate tax from 30% to 25% in the next 4 years will increase the expenditure power on marketing and technology of Smartprix.com – An online comparison shopping website and creation of more jobs in the technology sector is expected in the upcoming years. Reduction in the rate of income tax on royalty.
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