Trump may negotiate favourable tax treatment for US businesses in India

Former President Donald Trump may negotiate favorable tax treatment for US businesses operating in India, according to SBI Research. This potential shift follows his recent withdrawal from the OECD global tax deal, which aimed to curb tax avoidance by multinational firms. Experts believe that while Trump's policies could lead to protective measures, the overall impact on India's revenue may be limited. As the US seeks to enhance its economic competitiveness, Indian exporters must prepare for possible changes in trade dynamics.

Source: SBI Research, Deccan Herald