India Crowned 'GCC Capital of the World' by NASSCOM After Budget Boost

• India's Global Capability Centre (GCC) ecosystem received a significant policy boost in the latest Union Budget.
• NASSCOM declares India the 'GCC capital of the world,' with nearly one-third of top 500 companies operating centers here.
• The sector's revenue has almost doubled in five years, exceeding $70 billion.
• Expanded safe harbour rule: 15.5% profit margin qualifies for green channel; turnover threshold raised from ₹300 crore to ₹2,000 crore.
• Reforms enhance tax certainty, reduce compliance risk, and improve India's competitiveness in high-value domains like AI and financial analytics.