Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag India's IT sector, valued at $283 billion, faces potential upheaval due to a proposed 25% tax on U.S. firms.

flag India's IT sector, worth $283 billion, faces uncertainty due to a proposed 25% tax on American firms using foreign outsourcing services. flag This tax, though unlikely to pass unchanged, could lead to major shifts in how companies buy IT services. flag The sector, which serves big clients like Apple and Cisco, may see increased costs and legal battles if the bill advances. flag The proposal comes as the sector already deals with weak revenue growth from US clients due to economic pressures.

89 Articles