FM holds first Pre-Budget Consultations with the representatives of Digital Economy, Fintech and Start-Ups

FM holds first Pre-Budget Consultations with the representatives of Digital Economy, Fintech and Start-Ups https://www.taxtmi.com/news?id=22291 Pre-Budget consultations urged incentives for setting up data centres, fiscal support for data localisation, use of big data technologies for SMEs and public governance, and stronger privacy and digital economy regulation. Tax proposals included rationalisation of the minimum alternate tax, tax exemptions and sops for start-ups, incentives for research and development, and measures to boost women's employment and youth skill development. Stakeholders also recommended a dedicated agency to address cross border financial crimes and frameworks to improve start up competitiveness. en-us Mon, 16 Dec 2019 15:25:05 +0530 Mon, 16 Dec 2019 15:25:05 +0530 TaxTMI RSS Generator FM holds first Pre-Budget Consultations with the representatives of Digital Economy, Fintech and Start-Ups https://www.taxtmi.com/news?id=22291 Pre-Budget consultations urged incentives for setting up data centres, fiscal support for data localisation, use of big data technologies for SMEs and public governance, and stronger privacy and digital economy regulation. Tax proposals included rationalisation of the minimum alternate tax, tax exemptions and sops for start-ups, incentives for research and development, and measures to boost women's employment and youth skill development. Stakeholders also recommended a dedicated agency to address cross border financial crimes and frameworks to improve start up competitiveness. News - Mon, 16 Dec 2019 15:25:05 +0530 https://www.taxtmi.com/news?id=22291