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'IT industry must learn to stand on its own legs'
The Union Budget has turned out to be a bitter-sweet pill for the domestic IT industry. While the extension of tax holiday for one more year and abolition of fringe benefit tax provide some cause for cheer, the hike in Minimum Alternate Tax is a dampener of sorts. Get ready for higher interest rates"There is no big reason to celebrate. The FBT removal was expected since it was cumbersome to administer.
The Union Budget has turned out to be a bitter-sweet pill for the domestic IT industry. While the extension of tax holiday for one more year and abolition of fringe benefit tax provide some cause for cheer, the hike in Minimum Alternate Tax is a dampener of sorts. Get ready for higher interest rates"There is no big reason to celebrate. The FBT removal was expected since it was cumbersome to administer.
Govt committed to PSU disinvestment: PM
Prime Minister Manmohan Singh Monday said the government would go in for disinvestment of public sector undertakings, pointing out that Finance Minister Pranab Mukherjee had expressed this
Prime Minister Manmohan Singh Monday said the government would go in for disinvestment of public sector undertakings, pointing out that Finance Minister Pranab Mukherjee had expressed this
Three challenges before Indian economy
The Indian economy faces primarily three challenges, according to Finance Minister Pranab Mukherjee's budget speech. They are: - "The first challenge is to lead the economy back to the high GDP
The Indian economy faces primarily three challenges, according to Finance Minister Pranab Mukherjee's budget speech. They are: - "The first challenge is to lead the economy back to the high GDP
Farmers's debt relief scheme extended
The government has extended the debt relief scheme for farmers from June 30 to the end of the year, Finance Minister Pranab Mukherjee announced Monday. "The time given to the farmers having more
The government has extended the debt relief scheme for farmers from June 30 to the end of the year, Finance Minister Pranab Mukherjee announced Monday. "The time given to the farmers having more
PM's alma mater gets Rs 50 cr
Finance Minister Pranab Mukherjee Monday announced a grant of Rs 500 million (Rs 50 crore) for Panjab University in Chandigarh, the alma mater of Prime Minister Manmohan Singh."I announce a
Finance Minister Pranab Mukherjee Monday announced a grant of Rs 500 million (Rs 50 crore) for Panjab University in Chandigarh, the alma mater of Prime Minister Manmohan Singh."I announce a
Government to hold majority stake in state-owned banks
The government will continue to hold at least 51 per cent stake in the banks and insurance companies it owns, Finance Minister Pranab Mukherjee said while presenting the union budget for 2009-10 in
The government will continue to hold at least 51 per cent stake in the banks and insurance companies it owns, Finance Minister Pranab Mukherjee said while presenting the union budget for 2009-10 in
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