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BPO TAX
AI talent demand offset flat white-collar hiring in MayIndia's job market showed stability in May. Insurance sector hiring grew significantly. Demand for AI talent remained strong, especially fo...- BPO firms left in the lurch over input tax refundRefunds have remained stuck because of unclear laws, making for a serious issue for the entire industry.
- Clarity likely on BPO sector today at GST Council meetIndustry wants its services to qualify as exports and wants waiver.
- IT companies challenge government's plan to brand BPOs as brokers & GST in courtGovernment wants to slap 18% GST on certain services exported by some IT/ITES cos
- Tax case: McKinsey has KPO in India not BPO, says Supreme CourtThe Supreme Court upheld a Delhi High court order on the issue, rejected McKinsey’s petition.
- BPOs may be kept out of GST ambitKeeping BPOs out of GST will bring relief to the $167-bn sector that has been on tenterhooks for a while.
- BPO sector exports expected to have reached $17.8 billion: Milind DeoraDespite the global economic crisis, the country's exports from the BPO sector are expected to have grown to $ 17.8 billion in 2012-13.
- 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 ...
- China offers tax break to blunt India’s edge in outsourcingChina, 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 BPOsThe 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- Taxing times ahead for foreign BPOsThe CBDT has withdrawn a 40-year old circular, which has the potential to increase the tax India can claim on foreign company.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...
- Tiger-free Lanka may lure BPOsIs 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 BPOsIndia’s BPO industry is in a quandary with the service tax department asking leading companies including Convergys, Genpact and Vertex to r...
- SC ruling clears the air on captive BPO taxationMonday’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 rejigCitigroup 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 schemePitching 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 soonThe 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 caseThe Supreme Court on Monday issued notices to the income tax department in the Morgan Stanley BPO case.
- BPOs may soon run into tax trapThe bells have begun to toll for the BPO sector. Come ’09, tax sops to the sector are set to be withdrawn.
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