HomeBudget 2023TeamLease HRtech's Sumit Sabharwal Expects Reforms In Budget 2023 To Boost Job Creation

TeamLease HRtech’s Sumit Sabharwal Expects Reforms In Budget 2023 To Boost Job Creation

Reader's Pick

Speaking on the expectations from the upcoming budget 2023, Sumit Sabharwal, CEO of TeamLease HRtech said that “The Union Budget 2023 should prioritize creating a conducive environment for businesses and job creation.”

“The current economic uncertainty is leading to a slowdown in some sectors and causing layoffs and hiring freezes. In this scenario, the Union Budget should focus on encouraging investment in startups and small businesses to boost job creation,” Sabharwal said.

Further adding to the whishlist, Sabharwal said, “Digitalization should also be emphasized to improve employee and company productivity, both in the private and public sectors, and taxation on sectors like HR Tech and IT can also be relooked at to support hyper-growth.”

Subscribe to our Newsletters

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Read latest Business News and Startup news on TechGraph. Watch live and latest news on TechGraph TV. Follow us on Facebook or follow us on Twitter and Instagram. Listen audio news from TechGraph Briefings on Spotify, Google Podcast, Amazon Music & on Apple Podcast.

Krishna Mali
Krishna Mali
Founder & Editor of TechGraph.

Latest News

Promoted Links

Related Stories

Paytm Payouts transfers Rs 1,500 crores

India-based e-wallet company, PayTM said, "Its Paytm Payouts has transferred ov...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($2...

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's do...

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the firs...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rah...

Employees union seeks FIR against Jet Airways boss Naresh Goyal, Vinay Dube and on SBI Chairman

The employee union of Jet Airways, which is facing its worst crisis, Friday sou...

Rajesh Bysani joins Brainly as its new CPO

A New York headquarter peer-to-peer learning platform, Brainly has announced th...

Turno snaps $13.8 Mn from B Capital & Quona Capital

Turno, an India-based commercial electric vehicle (EV) distributor, and financi...

Startup investment through convertible notes has waned: Shivam Bajaj, CEO of Avener Capital

Speaking to the TechGraph editorial team, Shivam Bajaj Founder & CEO of Ave...

Trezi, a metaverse platform for architecture secures $2 Mn in funding

Trezi, an India-based metaverse platform that connects architects, designers, a...