With notes going out of circulation, people can use credit/debit cards, net banking or gift cards to purchase their products. This results the customers to save cash for necessity and chose to pay through online mode.
The Union Budget 2016-2017, presented by Finance Minister Arun Jaitley in parliament, is out and experts say that there is a lot more that could be done.
E-Commerce has left a deep impact on the way people once shopped. With the increasing penetration of smartphones and emergence of online marketplaces, online portals are drawing large pools of loyal customers away from their favorite physical retailers.
The definition of a start-up should be from date of commencement of business and not from date of incorporation of company, says Neeraj Mittal, JMD, Bonita India
Key expectations from Union Budget 2016 by start-up and eCommerce sector have predominantly revolved around skill and employment incentives, start-up India funds, etc.
No longer disillusioned, the start-up community is backing up Prime Minister (PM) Narendra Modi and his Man, Finance Minster (FM) Arun Jaitley to come up with a pro-industry budget, and showing a great deal of hope in their inspirational leadership roles.
From skill development centres to conducive norms for student entrepreneurs that can help them raise seed funds, Indian start-ups have great expectations from the upcoming budget.