A slew of tax sops in budget 2019 would have a positive impact on the P2P industry, believe leaders of the emerging industry.

"This will have a positive impact on credit supply, put downward pressure on the lending rates and attract more creditworthy borrowers to P2P lending. We want the government to ease taxation on income earned by lenders and are hopeful that it will be covered in the next budget," says Rajat Gandhi, Founder & CEO, Faircent.com. 

Read more at:

https://economictimes.indiatimes.com/wealth/p2p/p2p-lenders-give-thumbs-up-to-budget-2019/articleshow/67804195.cms?adcode=P2P