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EXCISE DUTY ON MICROPROCESSORS
- H-P may shut Pantnagar plant on excise duty hike
India's largest computer maker Hewlett Packard (H-P) is planning to close production at its Pantnagar plant, after an increase in excise du...
Budget 2011: Duty on parts will make PCs costlierPC costs will go up, but whether manufacturers will absorb that cost or pass it on to the consumer is not clear yet.
- 'PCs to become costlier by only Rs 60 on increase in excise duty'
MAIT said levy of concessional 5% excise duty on microprocessors will push prices of PCs only by Rs 60.
- Budget 2011: End to IT’s carefree ride: What it means for new economy
It’s been coming for a while. But the end to IT’s carefree ride has become a double whammy, with SEZs coming under MAT. For many, it goes a...
Provisions relating to Finance Bill, 2011The provisions of the Finance Bill, 2011 relating to direct taxes seek to amend the Income-tax Act, 1961.
- Union Budget 2010: Tech gets its share of mindshare, moolah
Consumers will have to pay Rs 500/600 more on a computer system that costs Rs 25,000 to Rs 30,000 due to 2% excise hike.
- No more tax cuts on personal computers
The IT ministry’s plea for reducing taxes on PCs has not cut ice with the North Block.
- Pushed by Dell, Maran talks PC tariff cut
The IT ministry has taken up the case for reduction of tariffs on computers with the PM and FM to enable higher investment flows to the sec...
- Dell sets $1-b sales target, says high tariffs are ‘taxing’
Dell Inc’s CEO Michael Dell on Tuesday said the company is moving towards doubling its sales turnover in the country to $1 billion.