The finance minister has provided a balanced approach to the budget : in face of the economic conditions, the focus is rightly on driving the demand by giving incentives to the agriculture/rural sector. With respect to the IT sector, the 1 year extension of the STPI scheme is welcome but a longer extension would have definitely helped the industry. Initiatives towards abolishing FBT and increase in tax exemption for salaried employees is commendable. However, an increase in MAT could have been avoided.
- Vipul Jain- CEO & MD, Kale Consultants ltd.
About Kale Consultants
Kale Consultants Limited is a leading solutions provider to the global Airline, Logistics and Travel (ALT) industry. Committed to innovation and excellence, Kale delivers world-class software products, technology, managed process, hosting and consulting services. Kale employs over 1500 talented professionals who focus on delivering quality service to over 95 satisfied customers across 30 countries.
Kale’s Industry Solutions are driven by active partnerships with industry bodies and customers, and unparalleled domain knowledge. Kale’s Customised Approach in deploying these solutions supports clients with best fit solutions to match to their requirements.
Visit us at www.kaleconsultants.com
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