Mixed Reactions For Budget from IT industry
Navtej Kohli traces the reactions from the IT industry about the Budget.
For some it was a balanced budget, while for others it was a lackluster
budget. There is only one section of the society who is happy with the
budget and that is the farmers.
Most people feel the budget lays big focus on agriculture but there are others who feel that the budget will stimulate economy.
As regards direct benefits to the IT sector, the provision relating to
service tax indirectly helps – because it offers an avenue for setoffs
for the service tax paid by the IT companies.
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