Budget 2012: Pre-Budget expectations from the IT sector
Technology : none
CXO expectations from the Union Budget 2012-13.
Budget 2012: Rate of service tax and excise duty should be retained
Technology : none
Rajdeep Endow, Managing Director, Sapient India and Global Delivery Lead.
Disappointment over non-extension of STPI Scheme
At a live union budget viewing session, organized by the Confederation of Indian Industry (CII) and PricewaterhouseCoopers (PWC) in Bangalore, Ganesh Murthy, chief financial officer of Mphasis, an HP company said, "This year the finance...
Budget Will Take India to Next Level
A brilliant blend of aspiration and pragmatism, the budget has been built on right ethos of taking the country to the next level through measures like boosting export momentum, creating right environment for attracting FDI, etc, said Suresh...
Budget 2009 Reactions - Part II
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...
"Increase of MAT could have been Avoided"
M. Narsimha Rao, president of HYSEA (Hyderabad Software Exporters Association) feels the increase in MAT from 10 to 15% could have been avoided and will only have an adverse impact on the IT industry.HYSEA is a registered apex body with more...
FBT Abolished, But MAT Up
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...
iGate CFO Wants Ambiguity of ST Exemptions Removed
Technology : Business Intelligence
iGate, the global IT company that provides IT services in enterprise solutions, business intelligence, data warehousing and application development is looking forward for the removal of ambiguity in terms of refunds/exemptions of service tax...