Income tax is focusing on traders and companies that are not paying tax collected at source (TCS) in the state. As part of the drive, the department undertook a survey operation in a town-based cotton merchant Tuesday. The drive began last week and IT Officials have found tax evasion worth Rs 4 crore. TCS covers sales of [...]
Posts Tagged ‘It’
Infosys, the country’s second software exporter, has expressed interest in opening a computer center in Gujarat. “We have yet to get land, the Gujarat government makes a decision, and I’m sure that would look at the possibility of launching center here,” Infosys Chairman and CEO Mentor NR Narayan Murthy here today. Murthy had come to [...]
After bagging contract for the country’s first monorail in Mumbai, construction major Larson & Tubro (L&T) is now eyeing a similar project in Gujarat. A memorandum of understanding (MoU) to this effect is likely to be signed at the upcoming Vibrant Gujarat 2011 Summit, state government sources said. “L&T has expressed interest in a Rs [...]
The income tax department, Ahmedabad, has received a list of 1,000-plus demat accounts that were frozen by the Securities & Exchange Board of India (Sebi) a couple of years back. The list includes 270 accounts belonging to Amdavadis who were linked to several infamous scams, such as the one involving Roopal Panchal. “We have received [...]
India is gaining more prominence in the world’s BPO map. Ahmedabad, Jaipur and Nagpur are among 31 emerging cities globally for the information technology (IT) and business process outsourcing (BPO) industry, says a latest report by KPMG, the global accounting firm. The report, ‘Exploring Global Frontiers- the new Emerging Destinations’ said, as existing favourite locations [...]
AHMEDABAD: In a move that puts Ahmedabad on the global IT/ITeS map, the city has made it to the list of top 31 cities identified globally by international consultancy firm KPMG as key emerging alternatives to existing IT/ITeS hotspots the world over. Jaipur and Nagpur are the only other Indian cities to have made the [...]
The Satyam fraud, the slowdown in the IT sector and the general feeling of gloom in both the domestic and international markets has meant that the 17th edition of industry lobby group Nasscom’s India Leadership Forum taking place at Mumbai has had to address these issues, willy-nilly. Nasscom which itself is in its 20th year [...]
Gateway TechnoLabs attains Microsoft Gold Certified Partnership in the Microsoft Partner Program along with other competencies like Networking Infrastructure Solutions, Mobility Solutions, Certified Small Business Specialist, Security Solutions and Business Solutions Competency. Ahmedabad, India – Gateway TechnoLabs, a leading offshore software development company in India, has announced that they have achieved the Microsoft Gold Certified [...]
Gandhinagar: The Gujarat government is waiting for a decision by the new board of the beleaguered Satyam Computer Services, which had committed to set up a Rs 600 million IT park in this state capital, an official said Monday. “Since Satyam Computer Services has already invested Rs 11 crore (Rs 110 million) for purchasing land [...]
AHMEDABAD: Satyam Computer Services ’ proposed IT park in Gandhinagar is likely to be abandoned following the massive Rs 8,000 crore fraud in the company, state state government officials said. Satyam’s B Ramalinga Raju had announced to set up one IT park in Gandhinagar in December 2006 in the IT summit organised by the state. Following the [...]
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