Nasscom condemns 'regressive' MAT
MAT could affect investor confidence and growth

The twist in ESOP opera
The finance minister has redrawn the FBT ambit and stretched its radius to ESOPs in his Budget speech 2007

Budget disappoints Nasscom chairman
Ramalinga Raju says that the government has wrongly interpreted the growth of IT industry

Budget directed towards growth
Emphasis on agriculture, healthcare sector and education

Budget aims at wooing VCs
The pass-through status is aimed at directing more investments in high-growth sectors

FM's bag: No smiles for the telecom sector
Lack of proposal for the Industry

Budget is not growth-oriented!
Taxing IT companies would be like throttling the golden goose while enjoying the eggs

Budget is an indication: Chidambaram
Says ESOPs should be understood as a Fringe Benefit

MAT is unfortunate: KPIT Cummins
There should have been some statement regarding the STPI benefits under the present frame-work

Impact of tax to be marginal: Wipro
The impact of a tax proposed on Indian software exporters in the annual budget for the fiscal year beginning in April will be limited

"Honorable FM, we're not happy!"
The provisions in the budget have left lot to be desired

Disappointing budget for the industry
Something more dramatic was required to encourage people in R&D

MAIT congratulates Chidambaram
Welcomes focus on "more inclusive growth"

Budget to hit Infy margins by 1.5 p.c.
MAT and FBT on ESOPs disappoints the IT major

Budget rated 6 out of 10
The initial reaction of the IT industry towards the budget was mixed

Budget fails to cheer IT industry
Most of the demands the industry made were not met

Wipro raps new tax on IT firms
Wipro considers the new tax proposed on Indian software services exporters is a retrograde step

Software Cos to pay minimum alternate tax
Software outsourcing industry was brought back under the tax net in the annual federal budget

Finance Minister tables Budget 2007
Rs 33 crore for manpower development in software export industry

Extend tax holiday for IT sector
Instead of exporting the bulk of the productivity gains to foreign buyers, we need to increase domestic consumption for our own benefit