Post Budget Quote 2009
“The twin policy of extending the tax holiday by one more year and fully abolishing FBT are really positive for the IT sector. Additionally the exemption of software products from excise duty and countervailing duty are a big boost to software product companies. With respect to the general industry, huge increase in investment in infrastructure, housing etc will have a very positive impact on industry as it releases liquidity into the system and increases demand. The abolition of Commodity Trading tax will have a positive impact on commodity based industries and the abolition of FBT is also a good step.”
- Mr. Amar Chintopanth, Executive Director and Chief Financial Officer, 3i Infotech.
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About 3i Infotech: 3i Infotech is a global Information Technology company which provides technology solutions to over 1500 customers in more than 50 countries across 5 continents, spanning a range of verticals.
The Company provides software products, IT services and Operations Outsourcing (BPO) solutions for a variety of industry verticals including Insurance, Banking, Capital Markets, Mutual Funds & Asset Management, Wealth Management, Government, Manufacturing and Retail. These solutions and services include Managed IT Services, Application Software Development & Maintenance, Payment solutions, Business Intelligence, Document Imaging & Digitization, IT Consulting and various Transaction Processing services.
The Company's quality certifications include SEI CMMI Level 5 for Software business, ISO 9001:2000 for BPO, ISO/IEC 27001:2005 for Data Center Operations and ISO/IEC 20000-1:2005 for Data Center Management Services.
The Company's Global Delivery Model provides for the best resources to be drawn from its vast talent pool across the globe to offer optimal solutions.
3i Infotech was promoted by the NYSE-listed ICICI Bank, India's largest private sector bank. The Company integrates its products and services to create customized solutions to allow you to undertake technology-based business transformation that allows reorganization in line with today's dynamic digital business environment.
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