Analysing 10 years of govt performance & the interim Budget 2024: Startups, tech, taxes & innovation

In this episode we bring you BCL India's partner Pavan Sharma who will talk about the interim #Budget2024. He will tell us about taxes, money, tech and the performance of the economy while we balance to support the poor and support the exuberance of a youthful nation. BCL India is an audit, compliance and financial transformation firm based in Bengaluru.00:00 - Introduction to the episode03:12 - What is the interim budget?04:46 - Your taxes remain the same & availing benefits.06:44 - Rationalising taxes to protect the poor & support business.09:00 - High taxes versus govt services delivered, private services being expensive.11:37 - India does not have a lot of money to play with.12:01 - Fiscal deficit to govt debt - how India is moving to the future.14:00 - MSME recovery and economy’s revenue and expenditure.20:36 - The corpus of Rs 1 lakh crore for innovation & R&D22:00 - The reason for using words like Deep Tech in the budget.25:00 - The dilemma of running India with subsidies - good and bad.28:00 - Individual taxes , old regime versus the new regime.32:10 - Looking at the Prime Minister’s Yojana schemes.33:00 - Analyzing the government’s performance in direct transfer of subsidies and managing Covid-19.34:58 - Analysing the last ten years.37:34 - Managing automation and technology while uplifting the poor and the salaried.38:29 - We should manage our education better, only 40 percent of rural school kids can read.41:15 - Why communities are important in India?42:14 - The rise of the startup community.44:50 - Rise in EPF payments, which means new companies are being created.47:03 - India will grow on a smaller base with very little money to play with.Support the showThanks for Listening! Follow Us on  Facebook, Instagram, Twitter, LinkedIn or Find us on YouTube