India’s $283 billion IT industry, which adds 7% to GDP and employs over 50 lakh people, faces danger from the US HIRE Act. The bill proposes a 25% outsourcing tax, with some levies going up to 60%. Top firms like Infosys, TCS, and Wipro may see slower projects and lost global contracts. #itindustry #infosys #tcs #wipro #trump #us #lifeofglobalindian | Lakshminarayanan Sethu
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India’s $283 billion IT industry, which adds 7% to GDP and employs over 50 lakh people, faces danger from the US HIRE Act. The bill proposes a 25% outsourcing tax, with some
Lakshminarayanan Sethu. Lakshminarayanan Sethu · Original audio. India’s $283 billion IT industry, which adds 7% to GDP and employs over 50 lakh people, faces danger from the US HIRE Act. The bill proposes a 25% outsourcing tax, with some levies going up to 60%. Top firms like Infosys, TCS, and Wipro may see slower projects and lost global ...
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