Post-budget 2018 Reaction Mr. Rohit Lohia- CO-Founder and COO, CoinTribe Technologies Pvt. Ltd.
Allocation of 373 cr in digital India initiative is a welcome step in the direction of reducing cost of operations for all businesses sytemically while greatly aiding the ecosystem for FinTech enterprises. Further, MSME corporate tax for 2018-19 has been cut to 25% up to revenue of Rs 250 cr. This is likely to encourage larger tax compliance from MSME sector.
