Thursday, July 9, 2009

Bold action!

Mr Narayana Murthy believes a compassionate capitalism. In fact he has written in his book and he now preach that “Right from 1994, I have been saying that any tax exemption should be limited either to export companies with small profits, or for a limited period. Hence, I am not happy with the extension of tax exemption for my industry till 2011. In my opinion, my industry must be prepared to pay its share of taxes without any exemptions.

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