Stepping up his campaign against outsourcing, US President Barak Obama today asserted his administration would offer tax benefits only to those firms which will create jobs in the country, a move that may hit Indian IT firms in a big way.
"We believe on tax breaks for those firms that create jobs in the US. So we are beginning to do that," Obama said at a press conference here.
Tax breaks only to those who create jobs in US: Obama
The federal trade court judge overseeing the refund process for President Trump’s tariffs ordered the administration...
