As Finance Minister Nirmala Sitharaman prepares for Budget 2025, investors and the startup community emphasize the need for reforms in tax compliance and incentives for sectors like AI, electric vehicles, and music technology. Stakeholders seek easier access to capital and simplified intellectual property navigation to support India’s creator economy. The budget is anticipated to enhance the startup ecosystem through measures that streamline tax systems and promote innovative technologies. Calls for increased incentives in the EV sector and support for music-tech startups highlight the importance of a conducive environment for entrepreneurship and sustainability, fostering economic growth and innovation in India.

Read the full article here