Thread: Nifty Chatter
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Old 07-01-2017, 09:03 PM
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In 2000 IT bubble burst, in 2008 Recession and 2017 can't imagine. Because I was going through some of the data's which are very bad for EM's in coming days especially India since we are of this country growth may take a beat and slow down of economy is very much evident. Trump is proposing a corporate tax reduction to 15% from the present 40% for companies which recruit locals of America. And the other worst being the destination tax being proposed to avoid outsourcing from US companies and India is one of the largest servicing country. So can't imagine if there is any thing of this kind becomes reality.
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