Assocham seeks tax sops for BPOs Assocham seeks tax sops for BPOs Chartered Accountant CA ICAI Chartered Accountants CA ICAI CAinINDIA ICAI Announcements Accounting Standards CA News ICAI Students ICAI Members Case Laws CPT IPCC Final ICAI Course CA Course ICAI Forum CA Question Papers ICAI Study Material

« Top Headlines »

Open DEMAT Account in 24 hrs
How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)
Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning
What Are 5 Heads Of Income Tax?
Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals
Income Tax Return: 5 lesser-known tax-saving tips from Section 80
Income Tax Return: 5 lesser-known tax-saving tips from Section 80
Why you need not rush to file your ITR immediately
Income tax returns: ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing
Section 80DDB tax benefits for specified illnesses: 5 things to know
Income tax slabs FY 2024-25: Five tips to help taxpayers decide between old and new income tax regimes
ITR-1, ITR-2, ITR-4 forms for FY 2023-24 (AY 2024-25) available now on e-filing income tax portal


« Insurers seek service tax waiver on sub Rs 4-lakh agent...	2-day meet on cost management at Coimbatore... »
Assocham seeks tax sops for BPOs

March, 21st 2007
Assocham has urged the Finance Minister, Mr P. Chidambaram, to let BPO companies and other ITES providers enjoy tax concessions for venture capital investments. The Finance Minister had announced a change in Budget 2007-08 for discontinuation of tax benefits to these entities. In a representation to the Finance Ministry, the chamber has said that status quo should be maintained so that all IT, ITES, telecom and wireless value-added services keep enjoying the tax sops. The chamber has argued that venture capital investments in knowledge industries will lead to innovation.