So, here's someone fulfilling his election promise
When Obama made a point in his campaign that he would cut tax breaks given to companies that outsource, Indian CEOs ridiculed and played it down by saying that they are not aware any tax breaks that are given in the first place and called it an "election rhetoric" .
And today we are seeing it in action. Whether it succeeds or not is something that we have to wait to see.
In any case, NASSCOM still believes that it is aimed only at American companies that ship jobs outside and should not affect Indian companies.
Tuesday, May 5, 2009
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