Expectations of the Startups from upcoming budget 2019

We have a huge expectations ranging from Clarity on angel tax to tax exemptions on ESOPS, easing active compliance norms and state level funding & infrastructure support, said Kartik Agarwal, CEO, Staunch.

Jun 24, 2019 06:06 IST India Infoline News Service

"In last 5 years’ government has launched more than 150 schemes and policies for the startup community interest. Further pushing the Indian youth to look at start-ups as a viable career option, we hope that resources, funds and capitals provided by the government will be easy to access. We have a huge expectations ranging from Clarity on angel tax to tax exemptions on ESOPS, easing active compliance norms and state level funding & infrastructure support.", said Kartik Agarwal, CEO, Staunch.
 
India has provided a nurturing ground to numerous startups in the past few years. The country has produced a great number of startups that are leading at a global stage. Having just started up, we urge the government for an easy regulatory system, policies, and norms for the startups so that we can run our business without any administrative obstacles.", said Yogesh Bhatia, CEO, PreLoved Device.

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