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Below is the Views On Budget Expectations Quotes By Aurko Bhattacharya, Co-Founder, ePayLater

`Financial inclusion remains a critical concern, and digitization has the potential to effectively address the same. This can be achieved by taking steps to promote digital payments and improve the supporting infrastructure for digital payments. The Government should introduce budgetary concessions for digital transactions and thereby reduce dependency on cash.

The digital lending industry has been playing a very important role in accelerating financial inclusion, helping India transition from a cash economy to a digital economy. Thus, digital lending needs to be given a boost. Tax benefits are needed for regulated entities involved in digital lending. We expect the government to usher in a new set of reforms in the upcoming budget and hope for higher tax relief, and further clarity on Aadhaar based eKYC.

At the same time, a push on security standards for various platforms offering financial services would be necessary for people to gain confidence in dealing with digital currency. The introduction of RBI sandbox comes across as a positive development made in this sphere, and the FinTech industry expects more such policies and reforms this year.`

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