Budget Reactions

Venkatraman Narayanan, MD & CFO, Happiest Minds

“The budget has maintained continuity and consistency and in line with the themes of ease of doing business, simplification, transparency and manage effective delivery through digital channels. As a digital company hearing announcement around leveraging digital technologies like video conferencing, e-assessments, e-invoicing, AI and ML for governance, incentives for digital transaction are heartening.

Honorable FM has maintained the course on simplification and consolidation of laws with specific focus on rewarding the honest. The aspect of supporting the economy with increased spends on Infra, health, farming and education are welcome. Inclusion and women empowerment into the larger Aatmanirbhar objectives of the government are laudable. I see lots of support for the economy and a V shaped recovery for the economy.

From the IT industry perspective, quite a few relaxations on compliance, laws and also support came from the Government during the Pandemic. Hope this approach will continue.”

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