Big blow for Indian IT soon? Trump administration’s HIRE Act sends jitters; likely 25% tax on jobs sent overseas sparks concern – The Times of India
Industry experts caution that the passage of this Bill could lead to further spending reductions by US clients. The Donald Trump administration’s potential move to impose a tax on jobs outsourced outside the US have sent jitters in the Indian IT sector. The potential introduction of legislation by a Republican senator to impose taxes on…