Reaction on Union Budget 2016-17 by Himanshu Meena, Founder & CEO, Parsel

“Finance Ministers announcement of 100 per cent tax deduction on profits made by startups in the first 3 years and new laws for ease of doing business will definitely help in promoting the start up culture in the country . The move will not only serve government’s motive to generate employment but it will also act as a catalyst in boosting the morale’s of entrepreneurs. It is also very encouraging to see the governments emphasis to encourage digital literacy to derive benefits from our demographic advantage. Initiatives to revive the transportation sector will also help hyper local delivery startups like Parsel to provide quality driven service. Overall a progressive budget.”
Himanshu Meena, Founder & CEO, Parsel



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