« Top Headlines » Open DEMAT Account in 24 hrs  New Income Tax Act: ITR forms to be issued prior to FY28, says govt  GSTR-9C Explained: Turnover Limit, Due Date, Statement Format & How to Prepare It in Tally Prime (2025 Update)  Will Income Tax Department release new ITR forms by January 2026? Finance Ministry says this  The Government of India has strengthened MSME protection through strict payment rules, ensuring that Micro & Small Enterprises receive timely payments from buyers. Under the MSME Development Act (MSMED Act), 2006, buyers must make payments within:  ITR Refund Delays in India: Why They Happen & How to FastTrack Your Refund in 2025  ITR Refund Delay: From Bank Errors To Department Checks, 5 Big Reasons Your Refund Gets Stuck  Income Tax Slabs 2025: New Vs Old Regime; Which One Is Better For You For FY2025-26?  Seamless Integration: How Tally Prime Connects Businesses to the Digital Economy  Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief  Digital Efficiency for MSMEs: The Tally Prime Advantage  5 Ways Tally Prime Reduces Cost and Boosts Productivity for Startups «  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.