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Budget expectations: Sanjeev Aggarwal

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Business Standard Mumbai
Last Updated : Jan 21 2013 | 1:47 AM IST

Income tax exemption currently available to all information technology (IT) and IT-enabled services companies should be extended for another three years to younger companies with revenue of less than $50 million. All VC-funded companies should not be categorised as FDI ventures, as it fuels entrepreneurship and the sectoral cap limits the quantum of investments such as FDI in multi-brand retail.

Sanjeev Aggarwal
Managing Director - Investment Advisor
Helion Venture Partners

 

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First Published: Feb 18 2010 | 12:45 AM IST

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