Pre Budget Expectations
Quote on Pre Budget Expectations from the Web3 industry by Anish Jain, Founder, W Chain
The upcoming Union Budget presents a critical opportunity to foster innovation and growth within India’s burgeoning Web3 sector. We expect the government to consider several key measures, including:
Clearer regulatory framework: A well-defined regulatory framework that encourages responsible innovation and fosters a conducive environment for Web3 businesses to thrive.
Tax incentives for R&D: Incentives for research and development in blockchain technology can drive innovation and attract talent to the sector.
