NASSCOM

Infosys Among Other IT Firms Targeted for Tax Evasion

Infosys Among Other IT Firms Targeted for Tax Evasion

Recently, the Karnataka government slapped India’s second-largest IT company with a GST tax evasion notice for more than INR 32,000 crores. Infosys, a Bengaluru-headquartered IT giant, reported that they received the pre-show cause notice for the period of July 2017 to March 2022 regarding the expenses incurred by overseas branch offices of Infosys Limited. Further,…

GCC’s Employees More Than 16 Lakh People In FY 24

GCC’s Employees More Than 16 Lakh People In FY 24

The recent economic survey of 2024 revealed shocking information regarding employment statistics in India. According to the survey, GCC (Global Capacity Centre) generates more jobs in India than in the IT sector. It employed more than 16 lakh individuals in India in the previous year, 2023. The survey further mentioned that GCCs grew at a…

India Expected To Witness GDP Growth By Virtue Of AI

India Expected To Witness GDP Growth By Virtue Of AI

According to a report titled “AI Adoption Index” by The National Association of Software and Services Companies (NASSCOM), the Indian economy may witness an addition of $500 Billion By 2025 to its GDP. This addition to the GDP is a result of the adoption of including artificial intelligence in economic functioning.  “The pandemic has made…

A Complete Guide On Outsourcing to India

A Complete Guide On Outsourcing to India

India is the most sought-after outsourcing destination with access to a low-cost workforce and a massive talent pool. This complete guide on outsourcing to India will help you understand the aspects of India based outsourcing services.  It always feels good to cover every aspect of your business and watch it grow. But, panic starts when…