The Indus Enterpreneurs (TiE) has said that the Union Budget is a mixed bag. The government has announced plans to encouraging job creators by promoting entrepreneurship.

Though it reduced Corporate Tax by 5 percentage points, the increase in Service Tax and surcharge will have a negative impact on the start-up ecosystem Safir Adeni President of TiE’s Hyderabad chapter, said, commenting on the Budget.

comment COMMENT NOW