Union Budget 2016-17 Implications on IT/ITeS industry

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Union Budget 2016-17 Implications on IT/ITeS industry

Hotel Leela Palace, HAL Airport Road Bangalore,India

Thursday, March 3rd, 2016
Time: 03:30 pm - 06:30 pm

Union Budget 2016-17 Implications on IT/ITeS industry

With substantial expectations riding on the second Union Budget to be introduced by the NDA Government, we invite you to an interactive session with our knowledge partner BMR & Associates LLP, on the Union Budget 2016-17 and its implications on the IT/ ITeS sector in India. 

The IT/ ITeS sector has been facing multiple challenges for the years, some of which, continue to be unresolved. These challenges include

  • MAT on SEZ units 
  • Clarity on the APA rollback provisions and safe harbour rules 
  • Thresholds for taxing indirect transfers 
  • Continued lock in for service tax refunds 
  • Input credit restrictions and continued disputes
  • Incentives under the Foreign Trade Policy & exiting STP unit status
  • A quantum shift in the tax model & compliance obligations under GST

In this backdrop, the industry has built up certain expectations from this Government to provide relief with the overall objective of improving ease of doing business and bring a higher degree of certainty to tax matters. 

The session is aimed to provide key insights, identify key areas of impact, as well as provide a platform to our members to voice concerns and suggestions, if any, on the impact of the budget proposals to take back to the Government. 

We look forward to your valuable presence. 

Date and Time
Thursday, March 3rd, 2016
Time: 03:30 pm - 06:30 pm
Venue / Address

Hotel Leela Palace, HAL Airport Road Bangalore,India