IT budgets | IT budgets News | IT budgets Photos

Web Sify

Sify.com » Topics » IT budgets

IT budgets News

India's Finance Minister Pranab Mukherjee attends a business meeting in New Delhi

Clarity on GAAR to attract long-term money
Budget 2012-13 introduced the General Anti Avoidance Rule (GAAR). The finance minister managed to resolve the issue to a large extent, but Mauritius would no longer be a tax haven for doing business in India. In his reply to the discussion on the Finance Bill, Pranab Mukherjee extended implementation of the GAAR to the next financial year. He also clarified it would not be applicable retrospectively,

IT entrepreneur Jerry Rao goes deeper into budget housing
Says response to maiden project in Bangalore gave confidence

more

Europe's bad mood: Does Obama need to worry?

The elections that drove Nicolas Sarkozy out of power in France and left Greece scrambling to build a coalition government pose a financial threat to the United States that could undermine

more

Gas price likely won't set record this summer
Gasoline prices likely won't set any records this summer, thanks to a recent drop in the price of oil.

more

Australia cuts defense, aid to hit budget surplus

Australia's government said it will rein in defense spending and scale back promised increases in foreign aid as it tries to become the first major developed economy to balance its books after the

more

Cities seek more money from tax-exempt colleges
Wary of tax increases, weary of layoffs and determined to avoid bankruptcy, Providence Mayor Angel Taveras had only to gaze up at his city's Ivy League campus to see a way out of the morass.

more

IT budgets Galleries