The Union Finance Minister holds Pre-Budget Consultative Meeting with the Representatives of IT Industry; FM: Software Development and Information Technology Enabled Services (ITeS, including BPO . Electronic Market in India is one of the Largest in the World and is expected to reach US $400 Billion in 2020 https://www.taxtmi.com/news?id=17065 Consultations recommended government measures to bolster IT, ITeS and electronics manufacturing through promotion of R&D and innovation, retention and extension of the Duty Differential Scheme into the GST regime with an expanded CPE list, incentives for robotics and PCB production, and creation of a Component Trading Hub; they also urged broadband and connectivity expansion, affordability measures for smartphones and PCs including low interest loans and tax incentives, and strengthened cybersecurity including a vulnerability reporting mechanism for government software. en-us Mon, 12 Dec 2016 09:59:03 +0530 Mon, 12 Dec 2016 09:59:03 +0530 TaxTMI RSS Generator The Union Finance Minister holds Pre-Budget Consultative Meeting with the Representatives of IT Industry; FM: Software Development and Information Technology Enabled Services (ITeS, including BPO . Electronic Market in India is one of the Largest in the World and is expected to reach US $400 Billion in 2020 https://www.taxtmi.com/news?id=17065 Consultations recommended government measures to bolster IT, ITeS and electronics manufacturing through promotion of R&D and innovation, retention and extension of the Duty Differential Scheme into the GST regime with an expanded CPE list, incentives for robotics and PCB production, and creation of a Component Trading Hub; they also urged broadband and connectivity expansion, affordability measures for smartphones and PCs including low interest loans and tax incentives, and strengthened cybersecurity including a vulnerability reporting mechanism for government software. News - Mon, 12 Dec 2016 09:59:03 +0530 https://www.taxtmi.com/news?id=17065