Jan 16, 2019, at 06:27 pm
New Delhi, Jan 16 (IBNS): The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval to expenditure sanction of Rs.4,241.97crore for Integrated E-filing &Centralized Processing Center 2.0 Project of the Income Tax Department.
Direct Tax collections for F.Y. 2018-19 up by 14.1%: Officials
Jan 07, 2019, at 06:46 pm
New Delhi, Jan 7 (IBNS): The provisional figures of Direct Tax collections up to December, 2018 show that gross collections are at Rs. 8.74 lakh crore which is 14.1% higher than the gross collections for the corresponding period of last year, official data released on Monday said.
Infosys Foundation to build center for handling cybercrime investigation
Oct 03, 2018, at 04:30 pm
Kolkata / Bengaluru, Oct 3 (IBNS) IT major Infosys Foundation, the philanthropic arm of Infosys,on Wednesday announced that it has signed a Memorandum of Understanding (MoU) with the Criminal Investigation Department (CID) of Karnataka Police and Data Security Council of India (DSCI) towards setting up the Centre for Cybercrime Investigation Training & Research (CCITR) in Bengaluru, Karnataka.
US commitment on improving IT market access big positive for India, says ASSOCHAM
Jun 28, 2017, at 11:25 pm
New Delhi, June 28 (IBNS): ASSOCHAMon Wednesday welcomed the India-US joint statement following the meeting of Prime Minister Narendra Modi with President Donald Trump, stating the mutual commitment to increasing market access in Information Technology and other sectors is a big positive for the USD 150 billion Indian software and services industry.
Rentals easing in IT hubs on subdued sentiment: ASSOCHAM study
Jun 28, 2017, at 11:18 pm
New Delhi, June 28 (IBNS): With IT sector witnessing subdued sentiment amidst pressure on hiring and annual pay rise for employees, the country's software and services hubs such as Bengaluru, Hyderabad, Chennai, Pune and Noida-Gurgaon in NCR are expected to see 10-20 per cent reduction in the housing rents over the next three quarters, according to an ASSOCHAM paper.
May 24, 2017, at 11:54 pm
Kolkata, May 24 (IBNS): The Bengal Chamber of Commerce and Industry organised the eighth edition of its annual Business-IT Conclave, this year themed on “Bridging Automation And Societyâ€, at Hyatt Regency in Kolkata.
Devise back up minimum income schemes for those losing jobs due to automation: ASSOCHAM-PwC Paper
Apr 30, 2017, at 11:22 pm
New Delhi, Apr 30 (IBNS): With the Indian IT and other industries facing some of the daunting challenges from protectionism in the US and Artificial Intelligence (AI), an ASSOCHAM-PwC study has made out a strong case for government –industry schemes which ensure a minimum income to those displaced , along with basic health facilities for the families in stress.
Gartner says worldwide IT spending forecast to grow 1.4 percent in 2017
Apr 10, 2017, at 10:33 pm
New Delhi, Apr 10 (IBNS): Worldwide IT spending is projected to total $3.5 trillion in 2017, a 1.4 percent increase from 2016, according to market research firm Gartner, Inc.
Verification of high value suspicious declarations made under the IDS 2016 , says govt
Dec 04, 2016, at 10:08 pm
New Delhi, Dec 4 (IBNS): An Income Declaration Scheme (IDS) was announced in the Union Budget 2016-17 under which declaration of undisclosed income or asset could be made by agreeing to pay forty five percent (45%) of the declared amount as tax, surcharge and penalty.
Oct 28, 2016, at 11:39 pm
New Delhi, Oct 28 (IBNS): IT spending by banking and securities firms in India will reach $7.8 billion dollars in 2017, an increase of 8.6 percent from 2016, according to Gartner, Inc.