News on Medial

Fintech leaders seek tax breaks, AI incentives, and digital lending reforms in Budget 2025

YourStory · 4m

Ahead of the Union Budget 2025, fintech leaders are urging for reforms to solidify India's fintech position. They seek tax breaks, AI incentives, and digital lending reforms to bridge the credit gap, particularly for MSMEs, and enhance financial inclusion. Calls for regulatory measures and R&D support are emphasized, alongside the importance of digital infrastructure enhancement. Leaders also desire initiatives in green finance and digital payment incentives, aiming for transformative growth in the sector.