We hope to get more clarity on this point.”What were the major demands that stakeholders had raised in their conversations with Inc42 that the finance minister overlooked?
Customs duty rates are being revised on electric vehicles, and parts of mobiles as part of such carefully conceived Phased Manufacturing Plans.”Besides custom duty rates, Sitharaman ignored the biggest concerns of electric vehicles industry stakeholders.
Unlike Jaitley, Sitharaman Does Not Mention CryptoMentioning cryptocurrencies in the Budget 2018, former finance minister, the late Arun Jaitley had set the draft framework of crypto regulations in India.
Commenting on the budget, Nischal Shetty, of WazirX told Inc42, “We were hopeful that there would be some mention about crypto.
Although a new tax regime with lower tax rates has been introduced, the removal of all exemptions including even 80C exemptions will water down its benefits.” | To read full story, visit https://startuparound.com/read/1580664727.5937076/The-Biggest-Startup-Demands-That-Sitharaman’s-Budget-2020-Missed?ref=audio_experience