The Modi-led Government will present its first full Union Budget on February 28. With the promise that the new government would put technology in the forefront, the Indian IT industry has pinned hopes on the Modi government to push reforms and policies that will bring stability to the sector and maximize growth.
Greyhound Research: While the government has floated a bill for common goods and service tax (GST) across the country last month, contemplations appear with respect to various aspect of GST design including price and threshold exemptions. Since the rules are yet to be released in the public, the industry is also unclear whether the tax is to be levied based on the state where a company branch is located or where its headquarters are based.
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