The Government of India has announced a new
This move will only serve to affect the outsourcing businesses in a positive manner. When captive business operations of a foreign company are taxed, the business will be driven towards the domestic companies.
Thus, in the long run, it will only impact the domestic outsourcing business in a favorable manner. In short, those domestic companies that are providing outsourcing services for sectors such as customer support and software development will now attract more foreign companies as their clients. Naturally, this will also prove to be beneficial for different knowledge process outsourcing companies (KPOs) which provide several other knowledge based services.
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