Indian Budget 2019 Reactions from Rishi Das, co-founder and chairman, IndiQube co-working/ managed workspaces
“Happy to see an SMB and middle class friendly budget which seeks to provide further incentives to the startup and SMB sectors, and the scope has been further magnified. On the consumer end, the immediate relief, specifically for the middle class, is the reduction in tax rates. With regards to housing, the long term capital gain is now applicable for two house purchases, which means, this should give boost to the real estate economies (residential). This should further increase the economic growth as well.”