Here's what Microsoft expects from Modi's maiden budget

Microsoft, world's largest software maker, today said it expects the Union budget to unveil a policy guidance about the use of information technology for inclusive growth.

"I am keen to see if there will be any policy guidance about use of information technology for inclusive growth especially in the areas of better citizen services delivery and governance," Microsoft India Chairman Bhaskar Pramanik said in a statement.

[caption id="attachment_76132" align="alignleft" width="380"] Representational image: Reuters[/caption]

With the right push, innovative technology solutions such as use of TV whitespaces for connectivity solutions can definitely make a difference in the country, he said.

"I expect some specific policy announcements in the Budget to improve local manufacturing, which would include cheaper power, scalable infrastructure, one-stop regulatory clearances and long-term tax incentives and free market competitive framework for local manufacturers," he said.

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"I strongly believe protectionist measures like preferred market access do not encourage manufacturing," he said. The company also expects simplified taxation rules within the country.

"I also hope to see some simplification in taxation rules. I hope the government will do more to promote a tax regime that is stable and remove retrospective tax implications," Pramanik said, adding that he also looked forward to some timelines for GST implement and abolition of VAT.

PTI