Monday, July 6, 2009

RE: Post Budget Reaction - Mr. Rajeev Gupta (President - Fujitsu Consulting India Limited)

Dear Mr. Murli

Good Evening!

With reference to the General Budget 2009 – 10 announced today, below please find the reaction from Mr. Rajeev Gupta (President – Fujitsu Consulting India Limited) along with his photograph for your reference

Keeping in view the downturn in the economy, Finance Minister’s proposal to extend the tax holiday by another year has brought in a big relief to the IT and the Exports sector. However the increase in MAT to 15% will impact the current cash outflow of the industries who are already burdened with the recessionary impact. While abolishment of the Fringe Benefit Tax is a welcome note for the corporate, it would be interesting to wait and watch how the Finance Ministry comes out with the tax implications on the perquisites in the hands of the employees.”

Regards

The Science of Image Management

Instead of saying 'It is not that easy", why not say 'it is not that difficult'

Debika Mitra
Image Executive

Perfect Relations Ltd.
2nd Floor, Jitendra Villa,
Near Ramchandra Sabhamandap,
Off Ghole Road, Shivaji Nagar.

Pune 411005

dmitra@perfectrelations.com

Tel: +91 20-25539643

Fax: +91 20-25539644

Mobile: +91 9922119086


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