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Startup Street: Here’s what the startup ecosystem is expecting from Budget 2020

Updated : January 08, 2020 08:14 PM IST

The government is considering the removal of merchant discount rate (MDR) on all debit cards including VISA and Mastercard after scrapping it on Rupay debit cards and UPI QR code payments, sources say.

CNBC-TV18’s Mugdha Variyar spoke to Vishwas Patel, Chairman of the Payments Council of India, to discuss the implications of the possible move.

After raising $700 million last month, digital payments company Paytm is eyeing another sub-billion-dollar fundraising. CNBC-TV18’s Priya Sheth checks in with Paytm’s Founder and CEO Vijay Shekhar Sharma to talk about the company's capital plans, their new all-in-one QR launch for merchants and Dalal Street dreams.

With less than a month to go for the Union Budget, it is the season of wishlists. In the start-up segment, the request to ease the tax regime for the digital economy, clarification on 'angel tax' and change in the taxation of ESOPs continue to be on the top of the list. CNBC-TV18’s Mugdha Variyar and Megha Vishwanath talk to Ashish Aggarwal, Policy Head at NASSCOM, and Nakul Saxena of Ispirt, to get some clarity on their demands.
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