Industry Leaders React to the Union Budget

Shailesh Dhuri, CEO, Decimal Point Analytics

“The decision to bring all IT services under a single category with a 15.5% safe harbour margin is a positive and much-needed simplification. Raising the threshold to ₹2,000 crore and moving to an automatic, rule-based approval model will significantly reduce compliance friction and provide greater certainty for IT and analytics firms.” Shailesh Dhuri further notes, “The government’s threefold focus on sustained reforms, a resilient financial sector, and the use of AI and emerging technologies as force multipliers for governance sets up a strong ecosystem for services-led growth. The proposed Education to Employment and Enterprise Standing Committee is a timely step to align skills with the future of work and strengthen India’s global leadership in services. this Budget reinforces confidence in India’s services-led growth story and provides a strong policy foundation for AI-powered analytics companies to contribute meaningfully to Viksit Bharat”