TechFools: Union Budget 2009: Reactions from Indian IT industry

Pradeep Chakraborty

Mon, 06 Jul 2009 15:45:00 GM

On . taxation. aspect, the excise/CVD exemption is unclear as it was not stated whether VAT is included in this or not. The government has also put a huge focus on R&D and it is good to see continuity of fiscal stimuli by the government. ... Pramod Bhasin, Chairman, NASSCOM said, "Many of the initiatives in this year's budget recognize the role the IT BPO industry can play in promoting inclusive growth and creating substantial employment opportunities in the . country. . ...

Advantages of Offshore Banking and Offshore Companies

admin

Sun, 12 Jul 2009 05:17:41 GM

Offshore Banking is maintaining a bank account in a . country. where you are not a resident. Ordinarily this would be in a . tax. oasis (a nation that has low taxes or no . taxation. ). Because of the word offshore you would think that only ...

Stelmach: 'No tax increases' for Alberta - Connect2Edmonton

etownboarder

ue, 07 Jul 2009 21:05:41 GM

I don't know anyone who spends more now than they did because they save 2% on the purchase price. Does anyone go out of their way for sales where stuff is advertised at 2% off? Nope. But the 2% sure adds up to a lot when you roll the entire . country. up. . ... There's not going to be general agreement on which kind of . taxation. is better. Income . tax. is a . tax. on earnings. Consumption . tax. is a . tax. on spending. These taxes have different effects and mathematics. ...