By Ranga Reddy,
The Indian IT industry has been at the forefront of helping the world continue working ever since the pandemic struck. The IT sector is also the prime earner of foreign exchange and also an indirect contributor to employment and retail spends in the country. Given the new normal that we are living in, I expect that budget 2021 should,
Finally, Digital enterprises like e-commerce, health care, food distribution, and cab aggregators which are capable of generating or reviving the employment of people from the economically vulnerable background. They should be provided tax credit at 25% of the compensation paid to recruits or rehires they have done.”
(The author is the CEO of Maveric Systems)
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