In her Union Budget 2024 presentation, the Finance Minister announced proposals that balanced critical immediate matters related to employment, agriculture, inclusive development, and social justice, among others, with laying a robust foundation for areas of future significance such as the space sector and next generation reforms.
With the public investment in digital infrastructure, complemented by private sector innovations, significantly improving various services and sectors over the past decade, the Government plans to accelerate technology adoption, driving further digitalisation of the Indian economy. To this effect, the Budget has proposed reforms for the Technology sector.
We at BDO India have summarised the key highlights of the budget relevant for the Technology sector in a focused document.