@ITES
FBT Removal, MAT Hike will Have No Impact
by UTVi Desk    Jul 08, 2009
Category : News & Analysis
Technology : Infrastructure
Sudhakar Ram, MD of Mastek, and Carl Saldhana, CFO of First Source Solutions, believe that the budget has been fairly favorable for the IT sector. They say the FBT removal and MAT hike will not have much of an impact on the IT...
Union Budget Fails to Woo IT Sector
by Muntazir Abbas    Jul 07, 2009
Category : News & Analysis
Technology : Infrastructure
As a veteran with a parliamentary career of nearly five decades, Finance Minister, Pranab Mukherjee's Union Budget for 2009-10 fails to attract the IT/ITeS industry which was eyeing at major sops in the wake of global economy downturn....
Budget 2009 Reactions - Part II
by CXOtoday Staff    Jul 07, 2009
Category : News & Analysis
Technology : Infrastructure
Rajeev Gupta, president of Fujitsu Consulting India Limited (FCIL):"Keeping in view the downturn in the economy, the finance minister's proposal to extend the tax holiday by another year has brought in a big relief to the IT and the...
Budget'09 is Beneficial for the IT Industry
by CXOtoday Staff    Jul 06, 2009
Category : News & Analysis
Technology : Infrastructure
Girish Trivedi, deputy director (ICT Practice) of Frost & Sullivan, South Asia & Middle East believes that the budget 2009 focuses on a few initiatives which will be beneficial to the ICT industry.The positives, according to Trivedi,...
Budget Recognizes IT-BPO Industry's Role: Nasscom
by CXOtoday Staff    Jul 06, 2009
Category : News & Analysis
Technology : Infrastructure
The National Association of Software & Service Companies (Nasscom) has welcomed the Union Budget unveiled by the government today saying it recognizes the contribution of the IT-BPO industry to India's economic progress and has provided...
Highlights of Budget'09
by CXOtoday Staff    Jul 06, 2009
Category : News & Analysis
Technology : Infrastructure
Presenting his maiden budget today, Finance Minister Pranab Mukherjee stressed on inclusive growth and spoke about how information technology can make it happen.Here are the snapshots:Unique Identification Authority of India (UNAI): With the...
Tags: Budget 2009, IT
FBT, CTT Abolished, but MAT is Up
by CXOtoday Staff    Jul 06, 2009
Category : News & Analysis
Technology : Infrastructure
The government has abolished the Fringe Benefit Tax (FBT), a long standing demand of the industry, under the union budget 2009-10. The finance minister Pranab Mukherjee said that the tax was perceived as imposing an unnecessary burden on the...
"Removal of FBT should be Considered"
by CXOtoday Staff    Jul 03, 2009
Category : News & Analysis
Technology : Infrastructure
Himanshu Parekh, executive director (tax and regulatory services) at PricewaterhouseCoopers, speaks on the expectations from the Union Budget 2009-10, including STPI, tax anomalies, and issues related to computation of tax deduction in the...
Tags: Budget 2009, IT
Budget 2009: More Views from India Inc.
by CXOtoday Staff    Jul 03, 2009
Category : News & Analysis
Technology : Infrastructure
Some of India's leading IT companies voice their expectations from Budget 2009Alok Bharadwaj, SVP of Canon India:While I expect this budget to foremost address macro issues that impact demand generation, the industry also needs...
Tags: Budget 2009, IT
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