Small and Medium enterprises(SME) generate 40% of GDP and 70% employment in India.
Large industry is mainly dependent upon SME sector for its chain supplies and services.
International Outsourcing Services involve on short companies hiring external service
providers offshore to handle specific business functions, aiming to reduce costs and access specialized skills.
NRIs are taxed in India on income earned or received in India, including salary,
rental income, capital gains from assets in India, etc.
