Post-budget 2018 Reaction Mr. Aniketh Jain, CEO & Co-Founder of Solutions Infini Pvt. Ltd.

This year’s budget’s crucial step has been the deduction in corporate tax by 25% with turnover upto Rs.250 Cr. This will create a balance in the economy by disseminating the disparities between startups and large scale enterprises. Startups can invest the same in other useful interventions. Government’s outlook towards strengthening agriculture, health, education and employment are positive notes that envision national development. The world’s largest healthcare programme called the Ayushman Bharat Program is an unexpected yet a fruitful initiative that’s announced in budget 2018. Fiscal scenario and farm deficit are given utmost significance and rightly addressed so, for the overall health of the Indian economy. The Fiscal deposit is expected to drop down to 3.3% in the coming year from the current 3.5% in 2017-2018. Tax incentives to senior citizens make sense.