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
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