Post-Budget Reaction by Mr. Krishna Lakamsani, Founder & CEO, IPay Tech India Pvt. Ltd.

IPay-Tech-India-Pvt.-Ltd-Krishna-LakamsaniGovt allotted 1000 cr for startups but it has to be more clear in how this fund is going to be deployed last govt also alloted desperate fund for startups but it did not reach to its potential because of lack of understanding in govt officials how and where to deploy .

If govt is focussed on startup tax when they raise investment it would help startups but there is no view on that.

As us govt did American Dream act giving employers to benefit when they hire new employees it will increase and help startups to hire there are no incentives specific to startups.

© News Service

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