The UpstreamLife
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 episode
03:12 - 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&D
22:00 - 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.
Thanks for Listening! Follow Us on Facebook, Instagram, Twitter, LinkedIn or Find us on YouTube
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 episode
03:12 - 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&D
22:00 - 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.
Thanks for Listening! Follow Us on Facebook, Instagram, Twitter, LinkedIn or Find us on YouTube