The IT sector would generate four lakh new jobs this year, which would be about 25% higher than previous year, Kiran Karnik, president, Nasscom, said today."The sector will add four lakh jobs this year. Last year, the revenue from the IT industry was $32 billion with a workforce of 1.6 million," Karnik said today during the opening of the Kolkata office.The growth came despite the industry being saddled with minimum alternate tax, tax on ESOP and tax on service apartments."There will be no impact in the short run, but it will be felt in the long run as these would be impediments to the growth of start-ups, though large companies would not be affected."Karnik emphasised on allowing the existing benefits for Software Technology Parks of India (STPIs) beyond 2009 by the Centre to support new and small IT conpanies.Karnik urged West Bengal IT Minister Debesh Das to lobby with the Centre to extend the existing benefits of STPIs beyond 2009.