Post-Budget Quote By Mohit Agarwal, CEO And Co-Founder Of Adda52.com - GADGETS & INNOVATIONS

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Saturday, July 6, 2019

Post-Budget Quote By Mohit Agarwal, CEO And Co-Founder Of Adda52.com



“The Budget announcement for the Indian startups by the Government of India is a sign of relief for all the entrepreneurs’ across the country. One important step of not scrutinizing the startups and investors who have filed the returns has provided a major respite to the startup community.  To add to this, it has relieved the startup community from the tax issues, as returns of startups will not be subject to any scrutiny from the Income Tax department. More than half of the startups have received Angel tax notices.

In this world of technology, it is indeed an interesting step by the government of India to air a channel under Doordarshan bouquet only for start-ups. This channel managed by the startups will broadcast programs aimed at inspiring start-ups across the country. It will be a great help to the entrepreneurs, as it will ensure that the important updates from the industry are aired through the channel.

Further, the government’s decision to provide internet connectivity under Pradhan Mantri Grameen Digital Saksharata Abhiyan will not only ensure that the startups are able to reach out to masses but it will be an added advantage for the rural population and provide them an easy access to internet. This is truly the wave of a New and Developing India!” - by Mohit Agarwal, CEO and Co-Founder of Adda52.com.


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