Post Budget 2019 Reaction by Mr. Rajan Navani, Vice Chairman & Managing Director, JetSynthesys
The ease of Angel Tax comes as a welcome move for the start-up community. Further, the introduction of an e-verification mechanism gives an impetus to companies improving ease of doing business, driving efficiencies for investors, and bolstering the start-up ecosystem in India. To deliver on the country’s Digital India vision, we believe that an increased focus on initiatives for new-age skills in Artificial Intelligence, Big Data, Robotics, etc. will further bridge the gap between technology and talent. This sets the tone for the industry to move from Start-up India to Scale up India.