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| Management Speak |
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 Ravishankar G
MD & CEO, Geometric.
"Ease norms for setting up of units in SEZs for the small and medium segment of the Indian IT companies.
Hasten implementation of the Advanced Pricing arrangement, provided in the "Proposed draft of Direct Tax Code" through introduction of an appropriate framework to address transfer pricing related matters.
Streamline the withholding tax process for non taxable payments made to non residents by eliminating the need to acquire a withholding order from the IT department.
Abolish withholding tax on ESOPs, at the time of allotment of shares to employees to avoid adverse cash flow impact on employees instead revert back to post sale taxation on gains accrued from ESOPs." |
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