Nasscom expects clarity on transfer pricing from Budget 2016

Nasscom, the apex body for IT and ITES industry, expects some of the issues such as clarity on transfer pricing and benefits to STPI to be addressed in the upcoming Union Budget for better growth......

Why SEZs in India have failed

Of the 564 SEZs formally approved, only 192 were operational as of June this year. Special Economic Zones (SEZs) are likely to be central to realising Prime Minister Narendra Modi’s ambitious......

Govt plans incubation centre for IT start-ups

The central government is working on a proposal to incubate product companies in the electronics sector. Titled ElectropreneurPark, it is being anchored by Software Technology Parks of India......

IBM to move court against India's tax demand

Global Information technology (IT) giant IBM Corp has decided to take a judicial recourse against Indian tax department's demand of Rs 5,357 crore ($865 million) alleging the company had suppressed......