""Budget 2017 does not have many sops for startups other than the MAT extension to 15 years from 10 years. I believe it is a very positive Budget from the point of financial services. Tax benefits, incentives to use digital payments and extending loans based on digital footprint will create a larger merchant ecosystem for digital payments. ""Continuing with its Digital India drive, Budget 2017 has also announced focused initiatives for the digital industry. These institutional changes will push towards the growth of new age digital startups, albeit indirectly.
Source: Economic Times February 01, 2017 12:49 UTC