The government`s relief measures for startups in areas of tax benefits and setting off losses comes as a welcome move Says Manish Mimani, Protectt.ai
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Below is Perspective on Union Budget 2023 by Manish Mimani, Founder & CEO, Protectt.ai
“It is encouraging to see the government focus on building a digitally-driven nation in the Union Budget. By expanding innovative services in the fintech space, along with announcing the vision of Make AI in India and Make AI Work for India, we have a lot to look forward. Though not explicitly highlighted in the Budget, we can also expect to see the cybersecurity landscape evolve and benefit from increased use of AI in operations, products, and services. In addition, the government’s relief measures for startups in areas of tax benefits and setting off losses comes as a welcome move, and will go a long way in encouraging the Indian startup ecosystem to continue to innovate.”
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