Quote from CEO at iValue InfoSolutions S. Sriram on his expectations from the new Government in the IT industry:
- Frame policies with an intent to help business invest and grow.
- Avoid taxing business in a way which affects their cash flow especially when money is costly and liquidity is low.
- Simplify & reduce taxes & laws to help enhance compliance – GST / DTC to be expedited towards the same.
- Promote Startups, SME and SMB businesses as only they can provide employment opportunity to our largest population of youth.
- Create environment for foreign investors to invest in India especially in infrastructure areas to drive growth.
- No retrospective taxes please….