Strong weightage for digital payments is good in long run for e-commerce sector

India Infoline News Service | Mumbai | February 02, 2017 11:20 IST

Tax reliefs to SMEs and revised tax slabs for individuals will surely promote more investment thus helping the economy grow, Vinamra Pandiya added.

The overall budget seems to be another big step towards a digital India and it is rightly so. A strong weightage for digital payments is principally good in the long run for the e-commerce sector.

Tax reliefs to SMEs and revised tax slabs for individuals will surely promote more investment thus helping the economy grow.

Policy changes with regards to ease of FDI are extremely encouraging and we are now looking forward to the suggestion made by the expert panel for the implementation of GST.

The author is Vinamra Pandiya, CEO and Founder, Qtrove.com.
 

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