Ensuring regulatory compliance is paramount for GCCs: Nasscom report

BENGALURU: Transfer pricing is a key regulatory priority for Global Capability Centres (GCCs) in India, followed by SEZ and STPI compliance and legislation governing employment practices, including hiring, working conditions and dispute resolution.

Nasscom, in collaboration with KPMG in India, on Thursday released the key findings of its study titled, ‘GCCs in India: Building resilience for sustainable growth’ at its annual GCC Conclave held in Bengaluru. The report says as GCCs continue to evolve and adapt, proactive engagement with regulatory frameworks will be paramount in ensuring sustained success and contributing to India’s position as a global business hub.