India Inc reacts to Budget 2012 : Well-balanced, pragmatic, realistic budget: Infosys
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India Inc reacts to Budget 2012  

Well-balanced, pragmatic, realistic budget: Infosys
Giving the Finance Minister’s Union Budget 2012 the thumbs up, Infosys said it was overall a well-balanced, pragmatic and realistic one.

"The (IT) industry had not expected any big change in the tax regime. However, the industry requested some clarity and certainty on the application of tax laws. Hopefully, the Government will provide the necessary clarity through administrative circulars to bring in greater certainty on tax position for the industry", said the company`s Chief Financial Officer V Balakrishnan.

Considering the current global uncertain economic environment, the budget "looks like a very pragmatic and realistic one", he said.
 
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