Post Budget Reactions from Times Internet

Gautam Sinha, CEO – Times Internet said, “Budget 2020 is a promising step towards establishing India’s future as an enduring digital economy. The increased focus on improving data connectivity under Bharat Net, steps to boost the smartphone manufacturing industry and the Rs 8,000Cr allocation for the National Mission on Quantum Computing & Technology will help build better digital infrastructure to support this sector’s rapid growth. Finally, deferring tax on ESOP’s for startups is also a major move that will help promising startups attract and retain talent that would fuel our burgeoning digital ecosystem.”