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Fiscal incentives for IT/ITes players need clear direction

DIRECT TAX

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Mukesh Butani New Delhi

Among fiscal proposals announced before the Finance Bill was acceded by the house, the Finance Minister in his speech replying on the parliamentary debate proposed to extend the sunset clause for tax holidays to STPI units by one year up to March 31, 2010.

As noted from the speech, the extension of sunset clause was apparently made in the context to twin objectives

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First Published: May 05 2008 | 12:00 AM IST

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