BPO firm WNS has acquired Fusion Outsourcing Services (Pty) Ltd., a South Africa-based BPO provider, for GBP 10 million ($15.6 million) in cash plus adjustments for cash and working capital. Fusion provides a range of outsourcing services including contact center, customer care and business continuity services to both South African and international clients. WNS has acquired Fusion from BFSL Ltd., part of UK-based BGL Group. Half of the consideration will be paid at completion and the remainder payable in tranches on or before May 31, 2013.
Refund is an integral part of Goods and Service Tax law since it is the government reimbursement of taxes to a taxpayer. Thus, the taxpayer as well as the refund authorities have to be fully acquai More
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