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FM does away with multi-level TDS on packaged software
The finance ministry on Wednesday provided relief to the Rs 18,000-crore software industry by replacing a multi-level structure of tax deducted at source (TDS) on distributors with a single TDS. This would be deducted by the first distributor — one who directly purchases packaged software from a developer. The move, announced by Finance Minister Pranab Mukherjee, would help small-level distributors,

I-T cases finalized before current fiscal not to be reopened: Pranab Mukherjee
Union Finance Minister Pranab Mukherjee on Wednesday announced that income tax cases whose assessment proceedings had been finalised before the current fiscal would not be reopened.

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FM responds to retrospective amendment
New Delhi, May 30 (IBNS) The Central Board of Direct Taxes (CBDT) has issued a circular on retrospective amendment, said Union Finance Minister Pranab Mukherjee on Wednesday.

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Tax cases settled before April 1 won't be reopened: Mukherjee
In a bid to soothe investors' concerns over retrospective amendments to tax laws, Finance Minister Pranab Mukherjee Wednesday said the government would not reopen the cases finalised before April 1, 2012.

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Can TCS achieve its ambition?

N Chandrasekaran and his colleagues at Tata Consultancy Services were in a celebratory mood last month. There were enough reasons for it: The country's largest IT services company touched the magical

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Indusface and Misoft Build Strategic Partnership to Strengthen Web and Mobile Application Security in Vietnam
Indusface, an award winning application security organization, and Misoft, Vietnam’s leading information security company have recently developed a strategic partnership to strengthen application security for businesses in Vietnam. Misoft is a dedicated partner for IndusGuard, the total application security product from Indusface. Since its inception in May 2001, Misoft has been recognized as a fast and strong growth information security company in Vietnam.

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