Quote from Virtusa spokesperson on post Budget analysis

“The budget aims to control and reduce the fiscal deficit and inflation which is intended to strengthen macroeconomic fundamentals. The incentives provided to the infrastructure sector are welcomed as these incentives should increase capital investment in this sector.


The proposal to reduce the surcharge on corporate income tax should spur additional investment. Levying MAT on SEZ developers and units operating in SEZ will negatively impact their cash flows.”


- Mr. Samir Dhir, Senior Vice President/Global Delivery Head & Head of India Operations, Virtusa Corporation