`Union Budget 2020 has critical role to play towards economic growth’
Expectations from the Union Budget
cityairnews
Jan 22, 2020 08:25
0
“The Union Budget 2020 has a critical role to play towards economic growth as it also deals with policies beyond merely financial budgets & impacts everyone. India is one of the fastest-growing and evolving digital markets in the world today and is rapidly moving towards digitization. I would like to see the government roll out measures that support and drive the growth of the SMBs in the service sector who are a vital link to the digital Indian economy.
The governments move to reduce tax for Indian companies is good, and will see a boost for all sectors. I would like to see more initiatives towards the ease of doing business. The boost can be in the form of simplifying the taxation on fundraising, single-window taxation, quicker refunds etc. We also hope that the budget will delineate more specific plans for connecting the remote villages through high-speed optic fibre networks and building Wi-Fi spots for a digitally integrated country and connecting remote villages with the hinterland. Such a move will also impact the advertising industry positively in addition to the rest of the country."
- Ms. Ambika Sharma, Managing Director & Founder at Pulp Strategy
