The much debated Software Technology Parks of India (STPI) tax benefit has ended. No more tax benefits for the STPI units.
What does it mean? Small companies in the IT & ITES sector will suffer to compete with others. No impact for bigger companies, as they are not hit much because of this tax benefit.
Small and medium companies price their products / services based on the tax benefits (thought it is not the correct way). In the competitive world, they have to do this.
People look only at the...
Union Budget - 2011 - Snapshot
Yet another budget from Mr.Mukerjee. The intention is to step up the pace for a double digit growth in the years to come.
Some salient features of this budget (as I could manage to hear from the net) concerning individual tax payer:
Firm on the 1-Apr-2012 deadline for the Direct Tax Code (DTC)· FDI policy to be liberalized further
Individual tax payers get a flat Rs.2,000 (as the basic exemption limit increased by Rs.20,000) - further benefit to Senior citizens
Senior citizen - Qualifying age...
CFO Series 2011 - Organised by Dun & Bradsheet, India
On 10th February, 2011, Dun & Bradsheet (DNB) invited me to give a speech on Managing Growth & Risk in the current economic scenario. The CFO series is a multicity conference across India (in the major metros) organiised by DNB in association with ANT trust. This is one of the easiest topic to speak in today's world, but very difficult to practice or implement.
The meeting started on time and Ms.Preeta (Head - Learning Solutions) of DNB welcomed the gathering of CFO & Head of Finance....
Economic Times - Running out of articles?
Today I am surprised to see the Economic Times carrying the same articles the successive days (3rd Feb 2011 & 4th Feb 2011). Are they running out of articles, as the words remain intact, the pictures have changed.
Today morning, when I read these pages, I thought I am reading yesterday's paper and checked the date. It is 4th Feb 2011. Then i checked yesterday's paper and found the same articles. I cant believe Economic times can do like this, with its popularity. I am a regular reader of Economic...
Seminar on Computing at Sri Malolan College, Mathuranthagam
Sri Malolan College of Arts and Science, established by Sri Ahobila Mutt organized a two-day seminar on “Recent Trends in Computing” with a view to offer an opportunity to the rural students of University of Madras and in particular the computer science students for interacting with the professional experts in this area and for acquiring an insight...
Mr.Ramadorai of TCS appointed as advisor to PM (for NSDC)
S. Ramadorai,Vice-Chairman Tata Consultancy Services, has been appointed advisor to the Prime Minister in the Prime Minister’s National Skill Development Council in the rank of Cabinet Minister.
The Council, which is headed by the Prime Minister, seeks to develop a strategy for skill development at the national level along with variations at the state level and formulate strategies to address the skill deficit, said a press release.
“We are delighted that Ramadorai with his vast...
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