The Budget 2009-10 was a non-event for the Indian telecom sector. The industry was hopeful of the total levies on it being reduced. It further wished for more clarity on the 3-G auctions.
Finance minister Pranab Mukherjee on Monday clarified specific provisions in the hydrocarbon sector to extend...
Amidst the mixed signals coming from the global markets, FM’s message delivers a promising note. It is a definite positive for the IT industry and will help create the right sentiment in the industry.
For the $50 billion Indian IT the formal extension of the 10-year tax holiday for the sector by one more year is a major relief. This is the second consecutive one year extension for the Software Technology Park of India...
In the recent Shanghai Cooperation Organisation Summit, the Prime Minister expressed his desire to intensify reforms and development in the areas of energy, security, infrastructure development, agriculture, transportation, science and technology and education.
Internet is a critical technology. While India is experiencing high growth and expectations, we are far behind Brazil and China with respect to internet access and usage.
I would like to see clarity and consistency, when the Budget is announced. That enables us to make longer term strategic plans for the companies we run.
Technology is a way of life, unstoppable and ever evolving. Personal computer and broadband penetration help bridge the divide in society by making timely information available to people thus opening new avenues of enabling commerce.
In order to help the software packaged industry, which has been reeling under the impact of the global economic downturn, the apex chambers have asked the government to roll back the excise duty charged on packaged software from the existing 12% to 8%.
The most significant challenge ahead for the government is to address energy security and the cost of energy. A number of policy initiatives are due; to start with, taking hard steps to reform the distribution sector.
As the euphoria of the electoral victory subsides, the new government is set to present one of the most critical Budgets in recent times. With the stock market already on a bull run, the industry is eagerly awaiting a pro-reforms Budget.
With the Union Budget less than a month away, the market community has started knocking on the finance ministry’s doors for tax reliefs.
The flamboyance of former railway minister Lalu Prasad gave way to a rather...
