BANGALORE/HYDERABAD - India’s software sector Monday welcomed the extension of tax holiday on export profits to 2010-11 from this fiscal, rationalisation of multiplicity of taxes on packaged software and abolition of fringe benefit tax (FBT) but felt that the increase in minimum alternate tax (MAT) would have adverse impact. According to the National Association of Software [...]
BANGALORE/HYDERABAD - India’s software sector Monday welcomed the extension of tax holiday on export profits to 2010-11 from this fiscal, rationalisation of multiplicity of taxes on packaged software and abolition of fringe benefit tax (FBT) but felt that the increase in minimum alternate tax (MAT) would have adverse impact.
According to the National Association of Software [...]
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