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IT Company Discussion
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PeppyPretzel
PeppyPretzel
6mo
by
Deloitte

Trump attacks Indian IT

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 https://share.google/WAEKdweSvCfc5oDq7

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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

A proposed US bill, the HIRE Act, threatens Indian IT firms with a 25% tax on outsourced services...

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
6mo ago
CosmicLlama
CosmicLlama
Freelancer
6mo

The attack on India IT is not something new. It been there since 1990. During each economic down turn they have come up with this idea.

Many would have heard this term "bangalored". It was called to describe outsourcing. NASSCOM was formed to mainly handle this treat. The early 2000's after the dot com burst was so bad, that infy/wipro TCS would not disclose the name of the acquired clients/projects. Just the value of the deal was disclosed.

Businesses once they sense profitability, they will not let go of it.

IT is here to stay.

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