Do not listen to the new IT minister who makes stupid proposals such as extending the IT tax holiday period for IT companies. No one in the IT industry is a popper. Even a low cader employee( i am not trying to undermine the importance of any kind of labour) in an IT industry who could be simply sitting in front of a coffee vending machine to operate it will be earning more than our poor farmers. that is the reality. All Indian IT companies have 20% bench staff who are paid to do nothing. So tax the IT industry. You can get more than 60K crores for farmer relief etc. This will drop down realestate prices, salaries will drop, purchasing power will drop and eventually demand and then prices.. IT industry is playing a havoc in this country, please understand Mr. Chidambaram
