Azim Premzi – Wipro Chief takes Pay cut . This is definitely a call for other Indian CEOs to take similar cuts rather than laying odd employees in these uncertain time
Wipro’s chief and IT czar, Azim Premji had suggested to the Karnataka government to charge more tax from the tech pros to improve the ailing Bangalore infrastructure.From the Azim Premji’s statement all the IT Professionals got a very big shock and are in a very bad condition to face the situation of what the Azim Premji decided. Mr. Premji’s statement had made lots
of IT Professionals mind to think What’s next? Because since last 5 months IT field is in very bad condition. The software boom is not ok.Every New morning has became a new tension for them that which kind of news they are going to hear after going to office.And now the Premji’s statement again put the IT Professional in tension that,in reality if the tax for the IT Professionals are increased then what would be their condition.
The IT Professionals express their feelings from Premji’s statement as :
But the IT Professionals think the decision taken by Premji is not correct because this decision should be applicable to al the employees in India. Everyone think that IT Professionals earn Handsome salary but they don’t think how much they struggle to earn that.If IT professionals should to be taxed more, then why spare the same IT companies. Let’s follow a similar policy i.e. more profits, more taxes. IT professionals are earning handsome salaries but for how long. Are all the IT jobs guaranteed? How long is this boom going to last? They earn salary and save for the rainy day.
Why is it that the class salaried person should pay the tax? What about all the businessmen and others who drive Mercs, wear Rolex and live in villas?. It is simple for them to buy everything on the company’s name and save on tax. Government should do something to bring them in the tax net.Mr.Premji earns billions and he does not want to pay taxes for that. Moreover he wants the taxes reduced for IT Products.
Because of the hefty pay packets It Professionals are already paying more taxes.As taxes is just a percentage of the monthly income. If taxes are raised, many of the IT Professionals want their salaries increased accordingly to absorb the extra tax. If hefty pay is taxed it should not be with IT professionals alone. It should be with a lot of managers in Manufacturing, FMCG, Banking, and other companies who receive hefty pay packets as well.
Why should a particular profession be taxed more? Executives in the other sectors don’t earn less. Kindly refer to the list of highest paid executives. What about the sacrifices that IT professionals have to make on the personal front due to typical nature of their work. The government babus should be completely removed, who sit all day in office doing nothing, but just sipping their chairs or spitting paan across the office aisle!! After all the IT Professionals who works 14-15 hrs in the office has a higher responsibility towards the upliftment of the country, and also to share the substantial part of the pay-packet of the netas, the bureaucrasy etc.
IT organizations and the business barons who are making millions through IT should be taxed heavily. Not the IT professionals who earn a tiny fraction of that by working morning 9 to evening 10 throughout the year.
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