« Top Headlines » Open DEMAT Account in 24 hrs  ITR filing deadline extension now demanded by this Tax Bar Association due to many issues including technical glitches with ITR portal  GST Rule Changes for FY 2025 26  Income tax return filing 2025: Five ITR mistakes that can trigger an income tax notice in 2025  ITR filing What is updated income tax return and ITR U Who can file & what you can t change - top points to know  Shifted to new tax regime? Here are 5 investments you shouldn't drop  Auditing and Assurance Standards Board Expert Panel for addressing queries related to Statutory Audit pertaining to auditing aspects. «  Delhi waives luxury tax for PBD delegates... I-T to tighten TDS norms for non-salaried... » Govt likely to extend tax incentives to STPI till '09 October, 11th 2006 Tax incentives under the Software Technology Parks of India (STPI) may be extended beyond 09. We understand that STPI acts like an umbrella which is essential for the growth of IT SMEs. So we are taking it up for extension and a decision will be announced well before the industry expects, said MM Nambiar, additional secretary, ministry of communications and information technology during a visit to the city on Monday. The growth of revenues in the IT/ITeS has come significantly from the small start-ups. So we do support their interest. But, to gain acceptance from the other ministries the department has been working on details to justify the extension, says Mr Nambiar. The industry players since long have been demanding extension of the tax incentives under the STPI scheme beyond 09. The 10-year tax-holiday ends in 09. It is difficult to chalk out our future plans if the STPI incentives are not extended. We will have no option but to set up centres in SEZs, says Niraj Gemawat of Gateway TechnoLabs. While there is no clarity among the industry players, many of the small and medium units are already considering setting up centres in the upcoming special economic zones (SEZs).