The co-founders of Rekindle Automations attended the Union budget meeting at 'The Oberoi' on February 1. Various helpful Information was understood into the startup and MSME areas of function. Few are mentioned down below :-
1. Reduction of Corporate Tax for MSME from 30% to 25%.whose turnover is not more than 50 crores
2. Allowance of lower cost of credit and lower interest rates for Indian recognised Startups.
3. Tax holidays for 3 years in the first 7 years of business.