• US targets outsourcers by ending tax breaks

  January 29, 2010 09:13:36

  President Barack Obama's aggressive bid to revive the stagnant US job market may be bad news for India's expanding IT-BPO sector.Obama, fighting to recharge his presidency faced with a steadily declining approval rate, vowed at his first state of the union address to get jobless millions back to work and crack down on tax laws that encourage US corporations to send jobs overseas. This should sound warning notes in India as half of the Indian IT-BPO industry's $71.7 billion rev...

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  Posted by Uttara Choudhury / DNA in International, TOP NEWS category.
  Copyright : DNA - Daily News & Analysis. Under License from www.3dsyndication.com

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