The U.S. government's decision to raise visa application fees to $100,000 — up from the previous $2,000 – $5,000 range — is prompting companies to accelerate the relocation of high-value operations to India. This shift is expected to significantly boost the growth of Global Capability Centers (GCCs), which already number...
Indian Government Posts Strong Revenue Growth
Net direct tax collection in India has grown 16% so far this financial year to approximately $119.7 billion after adjusting for refunds. This growth is driven by strong increases in personal and corporate income taxes, as well as taxes on securities trading, according to the Central Board of Direct Taxes....