Expectations from Budget 2016-17: Hope FM Arun Jaitley presents futuristic tax policy

Expectations from Budget 2016-17: The roll out of excellent initiatives like Startup India and Digital India by the government is a step in the right direction as it strives to create a promising environment for budding entrepreneurs. We are hopeful that such campaigns will convert to strong economic growth and increase in overall consumption. We hope that the government will continue giving thrust to various reforms in this sector in the forthcoming Union Budget 2016-17 (FM Arun Jaitley will present Budget 2016 on 29th February).

As a leading ecommerce brand, with a proud association with millions of SMEs across India, we hope the government will present a futuristic tax policy that will address the complications of the current tax structure. We hope that the GST roadmap will be shared in the budget for FY 2016-17.

Finally we look forward to an ecosystem devoid of red-tapism, paving the way for greater ease in doing business and creating the ground for ‘Innovation’ & ‘Entrepreneurship’.
Kiran Murthi, CEO, AskmeBazaar.com