What are the budget expectations from a fintech lender’s perspective?
Updated : January 22, 2019 10:56 AM IST
Providing tax benefits by prolonging the tax-holiday period and reducing regulatory influence on the sector (striking down section 57 of the Aadhaar Act for instance) is an important area that should be given credence.
Faster license approvals and clearances are also necessary, not just from the perspective of fintech lenders but startups as a whole.
Reducing the rate of income tax for employees of early-stage startups can also be an impressive move in lending confidence to the sector.