New Tax in US could Cause Trouble for Indian IT Industry | In the News

When a tax of this scale is paired with visa reform which if implemented in its most aggressive form would raise the landed cost of the Indian firms by as much as 20% and an “American first” political climate we can see a substantial attack on the current model which is indeed worrying to every Indian Service executive. I would stress that the boarder tax has the most uncertainty around it at this time as it faces substantial resistance in both parties,” said Peter Bendor-Samuel, CEO, Everest Group. Read more at the Economic Times.

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