Thursday, February 26, 2009

Indian BPOs may distress by Obama`s tax plan

ndia`s BPO sector may see a slump with the US economic recovery plan not to translate into tax breaks for companies outsourcing jobs

According to India`s software industry body Nasscom, it is heartening to note that the US president has supported the need to avoid protectionism in his speech.

US companies have been the leaders in international trade, and in 2008 more than 50% of the revenues of the leading companies came from outside the US market

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