Union Budget 2016: Mehul Jobanputra, Co-founder, DesiDime.com & Zingoy.com expects budget to be pro-start-ups

Capital or Direct investments by the Indian Govt by means of Bonds, Equity etc in Promising start-ups.

Written by: India.com Business Desk

Published: February 20, 2016, 9:50 PM IST

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https://www.india.com/business/union-budget-2016-mehul-jobanputra-co-founder-desidime-com-zingoy-com-expects-budget-to-be-pro-start-ups-965296/ Copy

Mehul Jobanputra,Co-founder, DesiDime.com & Zingoy.com shares his expectations from Union Budget 2016

The Indian Govt is being considerate of the Start-Up culture in the country. We got positive vibes from the PM & the insights at the Start-up India event were truly great. We are Hopeful that this budget will be Pro-Start-ups in terms on mainly three points:

1) Ease of doing business. (Also Read- Union Budget 2016: Here’s what Arun Jailey should do to boost power sector)

2) Tax Structure, As a an entrepreneur all we want to do is to focus on growth and not worry about generalist complicated tax structure typically meant for established companies. This can be achieved by Creation of Special Economic Zones or Innovation Centers meant only for start-ups, however we are unsure of the govt’s take on this.

3) Capital or Direct investments by the Indian Govt by means of Bonds, Equity etc in Promising start-ups.