Reaction Quote of startup- Budget 2019|Staunch and PreLoved Device
Mr.Kartik Agarwal, CEO, Staunch
Budget 2019 opens new windows for the Start-up ecosystem. We welcome the government’s initiative of setting up a new channel of Start-ups to disseminate information in the industry. This will serve as a platform for companies like us to better understand the opportunities and gaps, match-making with venture capitalists and for funding and tax planning. Also, the ease in Angel Taxes will help boost investment in Start-ups
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.
