What to expect from Union Budget 2016-17?
The
new financial year is about to get started and budget expectations of
industrialists from the government has risen up,as compared to last
year.Reasons could be for implementation of goods and services(GST) tax,
supporting business for economic growth, manufacturing in India and
other promises made by the government for supporting the economy and
business expansions.
Moreover,
in the telecom industry, the need for better connectivity as in
introduction of 4G services in different circles can be seen as one of
the major concerns in the coming fiscal. “Make in India”, “Digital
India” and “Smart city” initiatives by government has also increased the
demand for IT infrastructure.
So,
it is expected that the government will bring in better budget reforms
for the IT industry, enabling quality output, advancement in technology,
etc. without any disruptiveness. It is expected that the government
addresses the needs of IT/ITES which fosters business and ...Read more
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