“I am so excited about the Union Budget 2025 – it’s not just a WIN but is a monumental leap forward for India’s economic landscape. The substantial increase in the tax-free income threshold to ₹1.2 million empowers the middle class, enhancing their spending power and driving consumption. As a bootstrapped startup entrepreneur, I can directly think of this benefitting so many of the youngsters who we recruit. And this is putting real money back where it belongs — in people’s pockets. And what happens because of that? More spending, more investments, more dreams getting the green light. And let’s not forget the tax simplifications — less paperwork, less jargon, and more time for businesses to actually do business.
Finally, a budget that understands that growth isn’t just about big numbers, but about real people.And for startups, a ₹100 billion Fund of Funds is not just a push, that’s a catapult for innovation. More capital means more risks taken, more disruptive ideas. This is the kind of budget that fuels ambition.
For MSMEs, this budget is a solid win – exactly what small businesses needed to scale without getting stuck in a financial chokehold.”
Sumon K Chakrabarti, Co-Founder & CEO, Buffalo Soldiers
