MUMBAI: A recent move by the Central Board of Direct Taxes (CBDT), which for tax eligibility benefit has capped the transfer of existing technical employees to a new SEZ unit, has sent shockwaves in the technology and technology services (IT &ITeS) ... Times of India, 1 day ago
The Income Tax department has allowed profit-linked tax deductions to new special economic zone (SEZ) units upon transfer of technical manpower up to 20 per cent from an existing unit. This will provide some tax relief to software and IT-enabled ...Sify, 1 day ago I-T dept adds to woes of SEZ units Financial Express, 1 day ago
NEW DELHI: In a significant relief to the IT industry, the has said units that shifted operations to special economic zones will be able to enjoy the tax sops under the scheme as long as their transferred technical manpower to the new unit is less ...Economic Times, 1 day ago
New Delhi: The New Development Bank (NDB) created by the five-member Brics group may be the first credible challenge put to the 70-year-old Bretton Woods institutions, but even before the ink dries on the agreement to establish the bank, India is ...Livemint.com, 2 weeks ago
S Ramadorai is known to wear multiple hats and is prolific across sectors. After a career spanning four decades with TCS,Ram, as he is popularly known, continues as Vice-Chairman of the country's largest software exporter. Since February 2011, he ...Hindu Business Line, 1 month ago
Firstly, the government should stimulate IT adoption and absorption in the micro, small and medium enterprises space. The increase in demand for IT products and services will have a cascading impact on SME IT firms (which constitute the larger IT ...Hindu Business Line, 1 month ago
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