The
country’s government is planning to make tax rules easy for the
information technology sector. India hopes that reduced tax will attract
software development companies from abroad and encourage local
producers to export their products.
Prime Minister of India has recently gathered a panel in order to make sure India is involved into the $70-billion software industry. Another question on the agenda was how to repair the flagging investment from abroad. Reportedly, Prime Minister recommended making tax rules favorable for the sector.
Prime Minister of India has recently gathered a panel in order to make sure India is involved into the $70-billion software industry. Another question on the agenda was how to repair the flagging investment from abroad. Reportedly, Prime Minister recommended making tax rules favorable for the sector.