Business

A nudge for foreign costo step up GCC play

Streamlining international taxation and expanding safe harbour rules for Global Capability Centres (GCCs) in India are expected to boost the sector, projected to exceed $100 billion in revenues by 2030. Key measures include a block-period approach for arm’s length pricing and a national framework to promote GCCs in Tier-II cities.

Leave a Reply

Your email address will not be published. Required fields are marked *