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IN INDIA
Ishtyaque Ajmeri, Shashank Saxena, Shubham
Kaushik, Sachin Mahajan, Rakesh Kumar Goyal,
Suraj Bhan
INTRODUCTION
(32%)
(16%)
(35%)
Market Share
Policies for IT Industry
Actual:
Removed Tax holiday under STPI scheme
extended by one year.
Fringe Benefit Tax abolished.
8 per cent excise duty on packaged software
which was 12% earlier.
Impact:
Bottom line of IT companies to stay healthy with
lesser tax outgo.
Will help companies do away with administrative
costs and offer stock option as tool to retain
employees.
Packaged software to become cheaper with
removal of duty.
Other Remittances
Employment generation
Indirect impact of IT industry – To
Indian economy.
Quality Manpower
Government Policies
Sonia Gandhi
THANK YOU