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Friday, November 05, 2004

Pakistan Now a Hot Spot for IT Outsourcing

The biggest boost to Pakistan's efforts to break into the global IT marketplace came on September 28, when India's finance ministry announced an income tax of more than 36 percent on foreign firms with software, R&D and customer service operations in India. This tax proposal had been in the works since the beginning of the year and is expected to prompt U.S. firms to follow GE's lead in selling off assets in India.

http://www.ecommercetimes.com/story/37750.html

|| Zeeshan Muhammad, 1:04 AM

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