Continue STPI beyond 2009 – NASSCOM's wish list to FM
It is time to submit your wish list to the FM for your boons in the next budget, though there are many who believe that the Government may not last till the next budget – perhaps a lot depends on Mody-fication of Indian politics.
Nasscom has submitted its wish list for the next budget demanding
1. Continuation of STPI Scheme beyond 2009
2. Broadening the eligibility criteria for Large Tax Payer Unit (LTU) scheme
3. Foreign Tax Credits
4. Advance Pricing Agreements ( APA ) to provide upfront tax certainty.
5. Refund of service tax paid on services utilised for export of computer software and BPO services.