Thursday, 5 March, 2026
IT companies face demands for discounts, payment delays from clients
By Basit Ansari
<p>Clients of IT and ITes companies, expecting a massive slowdown in the economy following COVID-10 pandemic, are seeking a 20-60% discount in the bill. This is besides requests for the delay in payment. Media reports say around 60% of the clients of IT companies have made or planning to make similar requests. The average demand for the discount and delay for the payment is 30% and 3 months, respectively. </p>
Read full story at The Economic Times
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