NEW DELHI: Fintech firms and start-ups expect the government to usher in a new set of reforms in the upcoming full Budget for the current fiscal and hope for tax relief, funding access, and further push to digital economy. We also hope that the coming budget will offer further tax sops as well as some special incentives offered to start-ups, and overall reduction in corporate tax," Chopra said. FIA Technology Services, which offers kiosk banking and remittance services among others, expects the government to outline solutions to support financial technology (fintech) start-ups. "We expect the government to push forward new reforms under the umbrella of Digital India 2.0. We are hoping for tax relaxations for fintech companies and payments players," Bagri said.

Source: Mint June 30, 2019 12:33 UTC