While it is expected that the Budget's focus is going to be on measures that can revive the struggling economy, a focus on more investment in information technology is required
It will be great if we have a blueprint like Israel – be it starting 1000 new companies with adequate funding, scaling to a crore-rupee of revenue and aspirations to build a profitable business by 2024
Nirmala Sitharaman's promise to build the next generation technological pool, assuring investment in AI, Blockchain and 5G skilled manpower is a welcome move
It is important to note that if the taxable income exceeds INR 5 lakh, after claiming all the tax-saving deductions, then one has to pay income tax as per the existing rates
