@Fringe Benefit Tax
Budget 2009: Positives - and Misses
by CXOtoday Staff    Jul 07, 2009
Category : News & Analysis
Technology : Infrastructure
Though the IT industry perceives Pranab Mukherjee's budget proposals as an overall balanced one, there are a few disappointments such as lack of incentives for SMEs, free movement of business between STPI units and SEZs, among others....
FBT Abolished, But MAT Up
by CXOtoday Staff    Jul 06, 2009
Category : News & Analysis
Technology : Infrastructure
The government has abolished the Fringe Benefit Tax, a long-standing demand of the industry, under Union Budget 2009-10. Finance Minister Pranab Mukherjee said that the tax was perceived as imposing an unnecessary burden on the industry and...
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