Almost of all Indian IT companies have enjoyed tax incentives in the name of IT export and creating high end technology jobs in India. We continue to enjoy monetary benefits in the name of tax incentives. These tax incentives in no way are less. IT industry have been enjoying these and it is fair to say that this has become one of the key strategies to make money (or at very least to increase profit). Whenever the government says its plan to cut the incentives, the industry voices and makes sure that they get some form of incentives.
If we look at the other side, are we fair enough. We simply forget the fact that we get incentive on tax which otherwise will go to welfare of the people (well some part to welfare of people and some part to welfare for politicians). Most of the IT companies fail to remember that they have to "give back". The companies have to give back to people in terms of money, time, efforts. Apart from transforming their businesses, the customer businesses, employees, we must "give back" to the country. Unless we give back, we will not get back. Simple logic.
When I traveled back to India from US, I happen to meet Mr Jayen Desai, Head Business Excellence, Applied Electronics. He talked about the role of an industry in national development. Particularly, with the technology expertise that IT industry possesses, we can do a lot to our nation. Will we get time to do it? Can each company become a community?
PS: The few minutes discussion with Mr Jayen Desai in Super Shuttle (from San Jose to SFO airport) is one of the defining moment and one of the most productive time in my professional career.
If we look at the other side, are we fair enough. We simply forget the fact that we get incentive on tax which otherwise will go to welfare of the people (well some part to welfare of people and some part to welfare for politicians). Most of the IT companies fail to remember that they have to "give back". The companies have to give back to people in terms of money, time, efforts. Apart from transforming their businesses, the customer businesses, employees, we must "give back" to the country. Unless we give back, we will not get back. Simple logic.
When I traveled back to India from US, I happen to meet Mr Jayen Desai, Head Business Excellence, Applied Electronics. He talked about the role of an industry in national development. Particularly, with the technology expertise that IT industry possesses, we can do a lot to our nation. Will we get time to do it? Can each company become a community?
PS: The few minutes discussion with Mr Jayen Desai in Super Shuttle (from San Jose to SFO airport) is one of the defining moment and one of the most productive time in my professional career.
