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Home > Business > PTI > Report


Tax IT professionals more: Premji

August 11, 2004 15:24 IST

Wipro chairman Azim Premji. Photo: AFP/Getty ImagesInformation technology czar Azim Premji on Wednesday asked the Karnataka government to raise professional tax levied on employees in the sector and review the move to hike the tax on IT products and services.

Premji, Chairman of the NYSE-listed Wipro Ltd, headquartered in Bangalore, met Deputy Chief Minister Siddaramaiah and put across the views of the sector in which Bangalore has carved out a niche for itself.

Siddaramaiah quoted Premji as saying that the government could raise the professional tax levied on employees of the sector to mobilise more resources.

"It's a welcome suggestion," Siddaramaiah said.

Premji felt that the IT professionals could be taxed more as they draw 'handsome salaries,' and also that the hike proposed in the budget on IT products and services from five per cent to 12 per cent was high, according to him.

After the meeting, Premji declined to talk to the press, saying he has no comments to offer.

Siddaramaiah said he explained to Premji the 'rationale, background and logic' behind the government's move to hike the tax on IT products.

"The government holds the view that those who can afford to pay the tax, should pay."


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Number of User Comments: 66




Sub: Welcome with a rider

Premji's suggestion is welcome. But the government should ensure that like all other taxes that professionals pay and go into the corrupt politicians pocket, this ...


Posted by Suri





Sub: kudos to his Business Acumen !!

What Mr. Premji is asking IT professionals, one of few who are promptly paying their taxes, take the burden of selling his Little Genius laptops. ...


Posted by Concerned IT professional





Sub: Tax IT pros

Indian Government needs money. So, its better to collect it from the people who are earning well. Premji suggestion is good, actually there is no ...


Posted by Kali





Sub: Surprised!!!

Dear Premji, Its surprising to listen such words from you. Why should ppl. earning more pay more tax than regulated by Govt.?Dont make people working ...


Posted by Kodukulla





Sub: Tax IT Companies:Mehamood

Poor Azim is gone crazy that his venture is being taxed. He is Reacting for every small thing. At his Level he should be more ...


Posted by Mehamood




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