Left Menu
Development News Edition

Satyen Kothari welcomes Angel Tax and Infrastructure Projects in Budget 2019


Satyen Kothari welcomes Angel Tax and Infrastructure Projects in Budget 2019
Satyen Kothari, Founder & CEO, Cube Wealth Cube Wealth

Satyen Kothari, Founder & CEO, Cube Wealth, India's first '1 app, 1-minute" wealth creation service, has appreciated the provisions of Angle Tax and Cube Wealth in the Budget 2019.

"Angel tax is a welcome step. Excellent news to hear the govt taking this matter seriously. We are on Day 1 of the startup boom in India and the govt should nurture this industry careful to ensure entrepreneurs and angel investors are encouraged instead of being fearful," said Satyen Kothari. "We are also excited to hear about the huge capital commitment to infrastructure projects since this will allow retail investors to participate in this growth industry by making smart investments. Additionally, the push to make govt securities earning 8% be widely available as investment instruments will also benefit investors as a stable option will be freely available for short term investments," he added.

For more stories and reactions on budget click at LIVE DISCOURSE


TRENDING

OPINION/BLOG/INTERVIEW

JNU Administration's 100-meter challenge before JNUSU

For the first time in its history, Jawaharlal Nehru University JNU Administration is seeking permanent deployment of local police to keep protesting students at 100 meters away from the Administrative Block. It would be interesting to see h...

Sentiment Analysis of Twitter users during COP25: Governments losing trust on Climate Action

Sentiment analysis of Twitter users during COP25 in Madrid, being held from December 2-13, shows widespread fear on climate change due to global warming but almost no trust on governments in meeting the emission targets. In the analysis the...

These innovators are making humanitarian response more efficient

These alarming trends prompt a call for the world to not only address the ongoing crisis but also to adopt innovative approaches to fulfill the growing humanitarian needs in such emergencies. ...

Hyderabad Encounter: A sentiment analysis of public mood on day of encounter

Sentiment analysis of twitter users revealed that they showered salutes on Hyderabad police for eliminating alleged gang rapists of the veterinary doctor but only a few believe in cops version of successive events leading to encounter....

Videos

Latest News

HP: Police arrest 3 people in connection with alleged shooting of a Home Guard

The police on Friday night arrested three persons in connection with the alleged assault and shooting of a Home Guard in Manali on December 12. The victim, Naresh Kumar, was on patrolling duty with his colleague Tikhu Ram in Model Town area...

Odisha FC to play home matches in Bhubaneswar from December 27

After playing their first three home games in Pune in the sixth season of the Indian Super League, Odisha FC will host their matches in the citys Kalinga Stadium from December 27. Their first game in Bhubaneswar will be against Jamshedpur F...

Cricket-No play on day four in Pakistan's test against Sri Lanka

The fourth day of the opening test between Pakistan and Sri Lanka was called off without a ball being bowled on Saturday due to rain and a wet outfield. The two-match series marks Pakistans first tests on home soil since a militant attack i...

Rawalpindi Test: Fourth day's play called off due to wet outfield

Play was called off on Day four of the first Test match between Sri Lanka and Pakistan due to wet outfield at the Rawalpindi Cricket Stadium here on Saturday. Yesterday, the play ended after less than half an hour of action. The visitors on...

Give Feedback