03-21-2007, 11:01 PM
Lesson from Sonia led Govt.
<b> How to take back India to 2% growth rate?</b>
Step 1:
<b>BPOs lose sleep over tax on ESOPs</b> <!--QuoteBegin-->QUOTE<!--QuoteEBegin-->The BPO sector says the new tax announcements of 30 per cent on Esops, 12 per cent on rental space and 11 per cent MAT in this year's budget has made the industry in India less globally competitive.
Says CMD, Quatrro, Raman Roy, "We face the risk of losing our first-mover advantage. These policies are making us less productive in comparison to other countries."
On the other hand China, Sri Lanka, the Philippines and South Africa want a slice of the outsourcing pie.
Most of their governments offer 10 to 15-year tax breaks and China even offers BPO employees an income-tax holiday.
<!--QuoteEnd--><!--QuoteEEnd-->
<b> How to take back India to 2% growth rate?</b>
Step 1:
<b>BPOs lose sleep over tax on ESOPs</b> <!--QuoteBegin-->QUOTE<!--QuoteEBegin-->The BPO sector says the new tax announcements of 30 per cent on Esops, 12 per cent on rental space and 11 per cent MAT in this year's budget has made the industry in India less globally competitive.
Says CMD, Quatrro, Raman Roy, "We face the risk of losing our first-mover advantage. These policies are making us less productive in comparison to other countries."
On the other hand China, Sri Lanka, the Philippines and South Africa want a slice of the outsourcing pie.
Most of their governments offer 10 to 15-year tax breaks and China even offers BPO employees an income-tax holiday.
<!--QuoteEnd--><!--QuoteEEnd-->