Tuesday, February 10, 2015

Pre-Budget expectation 2015-16 by Mr. Richard Tan, MD & Director of ADATA Technology India Pvt Ltd.

To make the project of Make in India more exciting – the government should come out with some attractive tax benefits for the investors. As ADATA is looking beyond IT for its expansion this will go in a long way to help companies like us looking for better ROI. The government should seriously look in to easing out the tax processes be it direct or indirect taxes – as too much of ambiguity and
tedious processing is just taking out the sheen away from all the government initiatives for investments. Another much awaited step that the government needs to immediately take is to increase the personal tax threshold limit as it will help infuse buying capability of the individuals. On an overall basis we feel the government needs to take some bold and vibrant steps to infuse confidence amongst the investors for growth momentum.