Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Budget Extravaganza »
Open DEMAT Account in 24 hrs
 ITR 2024-25: Are the latest Budget 2025 tax slabs applicable for tax filing in AY 2025-06? Details here
 Time ripe for streamlining withholding tax in the budget
 35 LPA AGM/ DGM Banking & Treasury (MBA/ CA)
 Budget 2025 Wishlist: Individual taxpayers want tax relief, deductions, slab relaxation on February 1
 Budget 2025: Why tax relief for debt funds tops wish list of mutual fund industry
 FinMin unlikely to introduce new Income-Tax Bill in Budget session
 Income tax relief in Budget 2025? Govt mulling relief for lower income tax bracket
 Income Tax Act overhaul likely in Budget
 Will FM Nirmala Sitharaman Change Tax Rates in Budget 2024?
 Budget to usher in minimum corporate tax rule under Pillar-2
 All outstanding personal tax demand notices up to Rs 25,000 withdrawn till FY 2014-15 in Budget 2024

Budget likely to drop this yr; rise in 2010
September, 07th 2009

Indian companies are likely to spend less on IT security this year due to the impact of the downturn, but in 2010 their expenditure on it is expected to increase considerably, a survey by global research firm Gartner says.

According to the end-user survey on Security Spending in India by Gartner, about 30 per cent of firms surveyed expect their enterprises' IT security budget would decrease in 2009.

"To some extent Indian companies may compromise on their IT security this year, as due to the downturn over 30 per cent respondents said they are likely to cut down on their budget for the same and many of them have deferred their IT security projects for 2009," Gartner analyst Matthew Cheung told PTI.

However, the situation may be improving as one-third of respondents expect their security budget to increase in 2010 compared to 2009.

"For 2010, 36 per cent respondents said they will hike their IT security budgets compared to 2009," Cheung added.

The Indian IT security market had a size of USD 120 million in 2008.

"For 2010, we forecast growth will be much faster than this year and would be over 20 per cent," he added.

The study, which surveyed about 50 Indian firms across various sectors, found hardware and software were two biggest security spending areas for them.

Security spendings are on five key areas - hardware, software, personnel, outsourcing and consulting services.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting