Monday, July 6, 2009

Post Budget Quote from Hexaware Technologies

Hi,

 

Kindly find below the Post Budget Quote from Hexaware Technologies.

 

 

 

BUDGET QUOTE

 

Date – 6th July 2009

 

Spokesperson – Atul Nishar, Founder & Executive Chairman, Hexaware Technologies Ltd.

 

 

This is a welcome budget; it will stimulate growth and it also brings several tax reforms

 

For the IT/BPO industry

It is very positive since it addresses almost all the concerns. Exemption under STPI scheme has been extended till 31st march 2011.

 

Tax anomalies for SEZ units have been removed. Fringe Benefit Tax (FBT) has been abolished making ESOPs more attractive. Also proper dispute resolution has been created for transfer pricing.

 

This budget will help the Indian IT/BPO industry to remain globally competitive

 

 

 

 

Warm regards,

 

Serena Paes

Account Executive

 

Adfactors Public Relations Pvt. Ltd.

Raj Mahal, 4th Floor

84,Veer Nariman Road,

Churchgate, Mumbai - 400020

Tel: +91 022 22871361

Mobile Number: 9833100320

Fax: +91 022 22871365

email: serena.paes@adfactorspr.com

Web: www.adfactorspr.com

P Please do not print this email unless it is absolutely necessary. Spread environmental awareness.

 



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