« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money «  Noose to tighten on tax truants... Protecting the secondary shareholder... » Outsourcing firms seek tax benefits July, 19th 2007 With a view to provide a fillip to booming business process industry in India, the Business Process Industry Association of India (BPIAI) has sought subsidies and tax benefits to promote export of services. Addressing an open house session for call centres and BPO fraternity co-organised by BPIAI and CII today, BPIAI President Sam Chopra said, subsidies equivalent to duty drawback should be provided to the industry and the government can create policy to provide tax benefits to the BPI to promote export of services. He also advised the industry to focus on tax issues and devalued dollar to create a future proof business model saying, "the demand and supply issue of manpower and security concerns should be collectively addressed through proper education and tie-ups," a CII statement said. Chopra who is Founder and Promoter CybizCall International asked the industry to be pro-active in hiring employees and get trained resources to meet the demand. Outlining the roles and responsibilities of BPIAI, Chopra said it would provide a professional and responsive voice for the ever-growing business process industry in India and liaise with the government and regulatory bodies with a view to remove any bottlenecks and influence policies favouring development of the industry, the statement said. BPIAI will help prepare and evolve standards for infrastructure, human resource development and process security for the BP Industry, he said.