For export-oriented IT industry, challenges remain around refunds

In the wake of globalisation and digitisation of the manner in which the business are conducted, the IT/  ITES industry holds a significant place in the future business scenario. The Economic Survey 2017-18 mentioned that the IT/ITES services  industry in India has scaled to around $140 billion during 2016-17.  India today is globally the top outsourcing destination accounting for m…