brij srivastava

Five Stocks That Benefit From Global Megatrends

Very interesting indeed. Outsourcing to US and rest from india has had the blessings of the government. There has been no taxes on income earned. This has inturn contributed to very high levels of salaries of workers associated with outsoucing business. This inturn has spread to all other sectors too in India , to the extent that even the prime minister has raised his concern at various forumns. Signs of reversal of government policies. It is the same prime minister who is credited with opening up of the economy of india. Now that he is worried,one can expect heavy doses of taxes in this outsourcing business in times to come. Its time to pay back for this sector. Now if these companies can manage to raise their value of contract deals there is no worry. Survival of majority of them will rest not on coming taxes but their negotiating power with US organisation. Time to take stock.