The head of Kaspersky in India praises new budget for boosting digital technology

The overall Union Budget 2016-17 is encouraging for the common man. Altaf Halde, the managing director of Kaspersky Lab (South Asia) said it is a balanced and realistic budget in difficult times.

The government announced numerous welcome moves, like the tax relief in House Rent Allowance. But Halde was most excited about the new digital literacy scheme.

“The announcement of digital literacy scheme to be launched to cover 6 crore additional rural households is a welcome move. This will not only boost the fast adoption of digital technologies across the country but also encourage digital means to reach out to consumers and different markets,” said Altaf.

He added start-ups getting a 100% tax exemption for 3 years except for Minimum Alternative Tax is again a good call taken by the government, as this will entice budding entrepreneurs to start their own business and since Kaspersky is targeting this sector for its software business, it could prove beneficial for the company as well.

Kaspersky Lab is the world’s largest privately held vendor of endpoint protection solutions. It has remained an innovator in IT security and provides effective digital security solutions for large enterprises, SMBs and consumers.

(Image credits: Indiatimes)