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In the Spring budget, UK Chancellor Jeremy Hunt announced the abolition of the remittance basis for income tax and capital gains tax for non-UK domiciled individuals...
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Profit climbed to 7,969 crore in the March quarter, beating ET's poll of 6,103 crore. Other income buttressed the bottom-line through what turned out to be a tough year for revenue expansion, which hit the lowest pace in a decade. Headcount shrank by about 26,000, again a rarity for India's technology bellwether.
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In many industries right now, businesses are fighting not just for clients, customers, and market share but to attract and retain good talent.
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