Union Budget 2016-17: Impact on IT and Education sectors

Sunset date extended by three years to March 2020 for Section 10AA which relates to commencement of activity by a unit located in a SEZ.

Mar 01, 2016 09:03 IST India Infoline News Service


IT/Education – Positive
Key Announcement Impact
Sunset date extended by three years to March 2020 for Section 10AA which relates to commencement of activity by a unit located in a SEZ Positive for the sector - could moderate tax rate for some companies for the coming years
1500 Multi Skill Training Institutes to be set-up across the country with a budget of Rs. 1,700cr Positive for NIIT and Aptech


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