WFH benefits and other Budget expectations of IT and startup sectors

With the 2022-23 budget nearing and the third wave of the pandemic in full force, the industry is hoping FM Nirmala Sitharaman will provide support for growth

The past two years have seen a huge shift in the way business is done and how we work. The one thing that the pandemic got to the fore was use and acceptance of technology as a crucial need for business. While there will not be any big bang announcements for the IT services or the startup sector, some of the demands that the industry is asking include relaxation to the SEZ rules as majority employees continue to work from home, changes to the taxation on ESOPs and other changes.

With the 2022-23 budget nearing and the third wave of