Even as Salesforce expects its fastest revenue growth in three years, the software sector’s outlook remains shaky. Investors are spooked by AI disruption despite CEOs pitching proprietary data and in-house models. A broader selloff suggests promises aren’t enough; analysts want proof that AI can lift revenue and improve customer retention in upcoming earnings.
The Supreme Court has settled a long-running tax classification debate, ruling that payments made by resident end users for the resale or use of computer software generally cannot be labelled as “royalty” under tax treaties. Instead, such transactions are treated as procurement of goods, reshaping how software-related income is taxed under the DTAA framework.
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IIT Hyderabad student Edward Nathan Varghese has secured a record Rs 2.5 crore package from Optiver to work as a software engineer for the Netherlands-based firm. The deal, announced amid a challenging hiring climate, signals rising placement standards as average offers across the season also climbed, reinforcing the institute’s ability to produce top-tier talent.
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