Political Analysis of IT sector (incl. Legal):
- Environmental regulations and protection-the country is open to firms that are set up for the IT industry. It provides protection from foreign competitors by not allowing a complete 100% stake in the Indian subsidiary.
- Tax policies-IT firms initially had tax discounts. Even now It firms enjoy lower tax rates than other service industries.
- International trade regulations and restrictions.
- Contract enforcement law
- Consumer protection
- Employment laws
- Government organization / attitude
- Competition regulation
4 Comments