Budget 2021 - Key Proposals from PE - VC perspective
03 February 2021
The global economy in throes of a slowdown is pushed into an unprecedented contraction. In these extraordinary times, the first Budget of this new decade laid focus on the six pillars for reviving the Indian economy – (I) Health and Wellbeing; (II) Physical and Financial Capital and Infrastructure; (III) Inclusive Development for Aspirational India; (IV) Reinvigorating Human Capital; (V) Innovation and R&D and (VI) Minimum Government and Maximum Governance.
Contrary to the expectations, the Budget has not increased or introduced any new income-tax levy, rather it maps a sector focused approach to boost the economy with thrust on Atmanirbhar Bharat. In this backdrop, we have captured some of the key policy announcements and tax changes proposed in the Budget which would be of relevance to the PE-VC world.
We hope you find them useful and insightful.
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