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Request for Inputs for Pre-Budget Memorandum 2025-26
Request for Inputs for Pre-Budget Memorandum 2025-26

September 2, 2024

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Dear All,

We have started the process of preparing Nasscom’s Pre-Budget Memorandum 2025-26 (PBM) to be submitted to Ministry of Finance. Based on our last submission, we plan to structure this year’s PBM to suggest measures to boost Indian economy and to sustain global competitiveness of Indian IT-BPM sector. The aim is to create a balanced approach that not only fosters economic growth but also ensures that tech sector, a significant contributor to India's economy, remains at the forefront of global competition.

We plan to provide our suggestions under Direct Taxes under the following heads:

A. Corporate Taxes

  1. Enablers for growth of IT industry
  2. Making India a hub for Research and Development (R&D)
  3. Improving start-up ecosystem
  4. Suggestions for enabling ease of doing business
  5. Any other suggestion

B. Transfer Pricing

  1. Specific suggestions for a simplified compliance framework for Transfer pricing

C. Customs

You are requested to provide your inputs/ suggestions in the attached format before September 15, 2024 to tejasvi@nasscom.in. We look forward to receiving your inputs.


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Nasscom_Format for PreBudget Memorandum 2025-26.doc

Tejasvi

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