Interim Budget expectation from Netmeds.com

Mr. Pradeep Dadha, Founder and CEO of Netmeds.com

"With the impending change in the new FDI policy in e-commerce sector, we expect FDI relaxation in the e-pharma sector as well. Furthermore, incentivising electronic payment modes via tax rebates will encourage both the consumer as well the company to move towards the collective goal of 'Digital India'. Removal or relaxation of Angel Tax to encourage angel investments in Indian startups will provide the much-needed push to the startup ecosystem in India. Considering an increase in the current revenue bracket during 'Tax Holiday' period as well as an extended tax break would help startups stabilize during its early years."

Source : Equity Bulls

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