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BPO INDIA TAX
Budget 2012 Impact: EXL service files for advance tax ruling for past buyoutsEXL Service, has appealed for advance tax rulings, besides setting aside money which may be asked by tax authorities for deals done in the ...
- BPOs should cash in on global slowdown: Nasscom president Som Mittal
Global conditions are looking challenging , but Nasscom believes this adversity offers opportunities rather than threats.
- China offers tax break to blunt India’s edge in outsourcing
China, keen to end India’s dominance in the outsourcing industry, announced it will not levy operating taxes on offshore service outsourcin...
- A tax threat to Indian BPOs
The uncertainty created by the govt on business entities' tax liability threatens India's thriving outsourcing industry. India's top 10 BPO...
- Taxing times ahead for foreign BPOs
The CBDT has withdrawn a 40-year old circular, which has the potential to increase the tax India can claim on foreign company. Tech M&A: Do...
- IT firms seek STPI scheme extension
Facing rough weather in the wake of the global economic slowdown, the Indian IT/IT-enabled Services (ITeS) industry is seeking extension of...
- Tiger-free Lanka may lure BPOs
Is Sri Lanka the new Philippines? India’s outsourcing fraternity is staring at this billion-dollar question as the island nation, confident...
Can Sri Lanka be the new BPO port of call?Indian BPO players say it has the talent, scale and language skills to attract work in finance and accounts back office work.
- Service tax refund call rattles BPOs
India’s BPO industry is in a quandary with the service tax department asking leading companies including Convergys, Genpact and Vertex to r...
- Sops under STPI extended till 2010
It will benifit BPO cos and the SME segment, who have been hit by rupee appreciation, inflation and US recession. BPO Brigade | Cyber-Space...
- SC ruling clears the air on captive BPO taxation
Monday’s SC ruling in Morgan Stanley case lends legal certainty to the policy of captive BPO taxation in India.
- Citi to pay cap gains tax on BPO share rejig
Citigroup Inc, the world’s largest US-based financial services company, has restructured the shareholding of its Indian BPO arm ahead of it...
- Nasscom seeks extension of STP scheme
Pitching for an extension of the Software Technology Park (STP) scheme, software association Nasscom on Tuesday asked the government to con...
- Decision on taxability of BPO units soon
The appeals by both the income tax (I-T) department and Morgan Stanley have been listed for hearing in the Supreme Court (SC) on Friday.
- SC issues notices to I-T in Morgan BPO case
The Supreme Court on Monday issued notices to the income tax department in the Morgan Stanley BPO case.
- FM to clarify on taxability of BPO earnings
Industry body Assocham on Monday asked the Finance Ministry to clarify whether there would be no taxation on profits earned outside of Indi...
- BPOs may soon run into tax trap
The bells have begun to toll for the BPO sector. Come ’09, tax sops to the sector are set to be withdrawn.