Pre-budget insights by greytHR- Cloud-based HR software leader

Appended below is the quote of Mr. Sayeed Anjum, Co-founder & CTO, of greytHR.

“To increase job creation, the union budget can increase investments to develop the ecosystem to encourage start-ups and small firms. The upliftment of the entire ecosystem and the acceleration of exceptional growth are both made possible by SMEs’ digitization. This budget should also consider tax incentives for SMEs investing in business software. Also anticipated from this year’s budget is a decrease in employee taxes.  MSMEs should have good market access, standardization, and quality inputs. They also need reforms around small business credit and product-linked schemes”.