Once again, no attention has been given to SEZ and IT sector units which are contributing a lot to the economic development of the country. MAT was imposed on SEZ units few years back which discouraged service sector exporters and particularly IT sector exporters to set up business inside SEZs and since then, every year, there has been expectations that it would be rolled back. In general, there is nothing for medium sized corporates and individuals in this budget and rather cost of services have been increased in form of increased service tax which is a major disappointment for all said Ashish Jain, Director – Finance, Xavient Information Systems.
About Xavient
Headquartered in Southern California, Xavient is a global IT consulting and software services company, with an international network of delivery centres primarily established in India. The company’s core values embody Passion, Innovation and Simplicity which helps toconsistently deliver ingenious, comprehensive and cost effective solutions to cater to the around-the-clock needs of its customers.
Xavient Professional Services caters to different industry verticals such as Telecom, Retail, banking and Financial Services, Manufacturing and Healthcare. The firm offers a gamut of services namely, Next-Gen Solutions, UI/UX services, Testing & QA, Application Development and Maintenance, Enterprise Application Services, Open Source Platform Services, Integrated Engineering Solutions, Mobility Solutions and IT Infrastructure Services.
Xavient operates with a strong leadership team, backed by a history of entrepreneurial and management success and strives to consistently deliver genius, comprehensive, efficient and cost-effective business solutions, through IT for the Global Market by creating a professionally stimulating and contented environment for the team.
For more information, please visit www.xavient.com