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Union Budget Mait

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Clarity needed on tax framework for IT industry: Nasscom

The government has created a comprehensive budget with sharp focus on sustaining economic activity and investment but more clarity is needed on areas like taxation framework for adopting remote......

Coronavirus scare: Manufacturers, retailers flock to offices of ministries

From the rollback of customs duty on key electronic components to fast tracking delivery of goods imported from China, players are looking for incentives on several counts. Amid fears of massive......

Information Technology: Boost for hardware, but disappointment for IT services

The key proposals from the IT industry that were not addressed included removal of dual levies on software products The budget is a mixed for the technology and services sector, as clarification......

Computer Hardware: Increased allocation for IT

Budget Provisions The budget proposes to enhance the allocation to the Department of Information Technology from Rs 1952 crore in 2008-09 to Rs 2802 crore in 2009-10. The budget proposes allocation......

FM disappoints IT sector, jobs to be hit

The government's proposed move to increase the excise duty on packaged software to 12 per cent from existing 8 per cent may affect IT usage in the country, the industry said. "The higher excise......

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