Monday, February 22, 2010

Mr. Hanuman Tripathi, CEO & Managing Director, InfraSoft Technologies Limited

“I feel that SEZ policy should be revised to create a push for building smaller size SEZ within city limits of all major towns reserved for SME companies in IT services, inclusion of Tax holidays (Service Tax and Excise exemptions) to domestic software companies serving Financial Inclusion & Rural Empowerment with their technology and rationalization of perquisite value for ESOPs for non-listed companies to Book Value or any other rationalized model to attract entrepreneurial quality of people to join the sector for longer term. Additionally, I also expect an extension of Tax holidays for IT exporters under the STPI scheme. If the government has reservations, this extension can be limited to IT companies under Rs 500 Cr revenues (SMEs) which do not have access to SEZs. “

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