Small Business Loans: Biz2Credit.in » capital expenditure http://blog.biz2credit.in Small business advice for financing, marketing and growing a company Fri, 03 Feb 2012 07:03:51 +0000 en hourly 1 http://wordpress.org/?v=3.3 TCS Bets big on SMEs adopting Cloud Computing http://blog.biz2credit.in/2011/02/08/tcs-bets-big-on-smes-adopting-cloud-computing/ http://blog.biz2credit.in/2011/02/08/tcs-bets-big-on-smes-adopting-cloud-computing/#comments Tue, 08 Feb 2011 07:51:26 +0000 Biz2Credit Advisor http://www.biz2credit.in/blog/?p=1429 The country’s largest IT service provider, TCS has planned to launch “SME Cloud” in a fortnight. This will allow it to offer hosted services for enterprises having Rs 50-500 crore turnover. TCS is the first Indian IT to implement this.

Cloud computing makes use of internet in order to transfer information from desktops to remote data centers. The last 18 months has seen experimental projects that include 100 SMEs. The ‘SME Cloud’ will be made available under a separate business head. All the 100 SMEs who participated in the pilot have signed which include names like Kaya Skin Clinic, Ryan International School and Oxford Book Store.

CEO N Chandrasekaran seemed confident that Indian SMEs will be strong cloud computing adopters. TCS aims to give more reliable service than what SMEs can manage on their own. Moreover, employees can spend time by building value instead of wasting time in buying and configuring technology. Adopting cloud computing service will reduce the investment cost for Information technology as there remains no necessity to invest in servers. When SMEs would start availing the service there will be no opex (operating expenditure) or capex (capital expenditure).

Biz2Credit Logo This article was submitted by Rohit Arora, co-founder of Biz2Credit. Biz2Credit is a small business marketplace that connects entrepreneurs with financing options and advice to grow their business. Send all questions to
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]]> http://blog.biz2credit.in/2011/02/08/tcs-bets-big-on-smes-adopting-cloud-computing/feed/ 0 Investment-linked tax incentive scheme for farm produce cold stores and warehouses http://blog.biz2credit.in/2009/07/28/investment-linked-tax-incentive-scheme-for-farm-produce-cold-stores-and-warehouses/ http://blog.biz2credit.in/2009/07/28/investment-linked-tax-incentive-scheme-for-farm-produce-cold-stores-and-warehouses/#comments Tue, 28 Jul 2009 05:54:12 +0000 Biz2Credit Advisor http://www.biz2credit.in/blog/?p=839 The Finance Minister announced an investment-linked tax incentive scheme for farm produce and warehouses in the Union Budget. The scheme proposes that all capital expenditure to build and operate such facilities would be fully eligible for small business tax deductions. Business expenditures on land, goodwill and financial instruments would not be eligible for the deductions, said LiveMint.com.

The proposal is aimed at reducing waste of perishables and attracting investment into the sector. The scheme was welcomed as a big boost to the cold chain and warehousing sector. Currently, small businesses are eligible for a subsidy and the Income Tax Act allows several exemptions and deductions. These, however, are not sufficient to invite investment. порно xxx

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