Budget 2018: Tax incentives, faster clearances needed for start-ups to grow

Start-ups in the digital arena, particularly the financial technology domain, want from Finance Minister Arun Jaitley more initiatives to promote digital transactions and provide sizeable incentives

India’s start-up ecosystem has seen rapid growth over the past few years. At present it has reached a stage where it could be said have matured enough be called one of the very important cogs in the Indian economy’s wheel. According to industry players, the country’s start-ups need only a bit of a push in the form of certain incentives, particularly when Finance Minister Arun Jaitley present the Narendra Modi government’s final full Budget in this term on February 1.

Jaitley should consider in the upcoming Union Budget 2018-19 giving start-ups some impetus with tax incentives and faster