IT Giants predict Conservative Growths in FY25: Know the Implications on Goods and Services Tax Collection

It is important to monitor industry trends and economic indicators, while framing taxation policies and market investment decisions.
Goods and Services Tax - IT Giants predict Conservative Growths - IT Giants predict Conservative Growths in FY25 - taxscan

The IT sector predicts mid-to-high single digit revenue growth in the upcoming fiscal year, leading major companies to adopt a more cautious approach in their FY25 projections. This adjustment reflects expectations of delays in project executions and closures, as highlighted on Friday. The revenue growth outlook for FY25 appears lackluster, with tier-1 IT firms projected…

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