eJOHRI on the Union Budget 2020

 Mr. Shailen Mehta, Founder and Managing Director, eJOHRI on the Union Budget 2020  for your perusal.

Digital revolution plays a crucial role in the growth of the Indian startup ecosystem and  Initiatives like online tax assessment, facial assessments, facial KYCs will provide  the much needed stack, essential for the growth of startups. ESOPs have become instrumental in Indian corporate and startup ecosystem to woo high-value employees and retain talent. Exemption of taxes on ESOPs will further encourage companies to introduce ESOPs in their companies at a large level, which in turn will allow them to attract world-class talent while keeping employee costs in check.  India is the third largest startup hub in the world , the introduction of an Investment Clearance Cell and  seed funding will provide a boost to young   entrepreneurs of India who  are enthusiastically looking to build a bootstrapped business, and build sustainable revenue businesses.