Inc42 Shots | Union Budget 2020: Top Demands From Startups And Investors

Inc42 Shots | Union Budget 2020: Top Demands From Startups And Investors

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In the last one month, we have published a dozen articles discussing segment-wise demands and expectations and as we saw in our Budget 2020 preview series, industry stakeholders want some big reforms — “as big as the 1991’s financial reform,” as one investor told us — that could address the ongoing economic slowdown.

As the industry is expecting a tilt towards demand-side policies, people are expecting an increase in the basic exemption limit of INR 2.5 Lakh for individuals and increase in the income limit at which the maximum marginal rate of 30% kicks in.

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