Post Budget 2019 Reaction by Mr.Yogesh Bhatia, Founder, PreLoved Device
We welcome the initiatives announced by the honorable Finance Minister to boost the start-up ecosystem. The measures made by government will encourage fresh investment in the sector because of the set off of losses and increase in the period of exemptions of capital gains. The proposed TV Channel will be useful to prospective startups and rationalization of requisite declaration filling will make it easier for startups to operate and focus on their core activities.
The vision of the government to train 10 million industry-relevant skills such as Artificial Intelligence, Big Data, and IoT will open new avenues for employment.