Obama’s tax proposals won’t affect Indian firms: HCL chief

Obama’s tax proposals won’t affect Indian firms: HCL chief

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NEW DELHI - US President Barack Obama’s recent announcement on tax crackdown on companies outsourcing to overseas firms will not affect the Indian IT sector, an industry official said here Monday.

‘It will impact only American companies. It is being misunderstood largely. However, we still need to study its impact in the future,’ HCL chairman and [...]

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