U.S.’s HIRE Bill may choke India’s IT, BPM, GCC sectors
[ad_1] For leading Indian IT firms, the tax could compress operating margins by 300 to 700 basis points. | Photo Credit: K.V.S. Giri HIRE Bill that proposes a 25% excise tax on payments made by U.S. entities to foreign service providers poses a significant threat to India’s IT, and ITeS sectors as well as the […]
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