BPO industry India ‘ignored’ in Union Budget 2008-09
The business process outsourcing industry said the budget has ignored its demands.
“The budget could not delight for the Indian BPO industries,” Business Process Industry Association (BPAI) President Sam Chopra said.
The industry, in its recommendations to the Finance Ministry, mentioned the withdrawal of MAT for initial 5-10 years for new upcoming BPO units, extension of STPI schemes and abolition of FBT on ESOPS.
“None of these issues seemed to have been addressed at the session,” he said. — PTI