Budget Commentary from Nemesisa Ujjain is Director – Innovation Projects at The Circle.Work (Start-up)

Nemesisa Ujjain is Director – Innovation Projects at The Circle.Work. 
The budget announcements prove once again the government’s commitment to advancing the mission of #DigitalIndia at an accelerated pace, and the decision of going paperless and using a “Made in India” tab to present the budget highlighted this effectively. 
Impressive reforms like simplification of GST, incorporation of one-person companies, the extension of Tax Holidays (till 31st March 2022) will provide a boost to startups.  This definitely appears to be a startup-friendly budget, with initiatives like the Swasth Bharat Scheme, the setting up of the National Research Foundation, massive infrastructure projects, and incentives to promote digital payments, which would create new opportunities for entrepreneurs in the country.