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MNC UNITS
Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...- India’s 'China-plus-one' push needs tax ease and fast-track FTAs with developed nations: Arvind VirmaniIndia must reform its tax system and streamline clearances to attract global investments moving away from China. Economist Arvind Virmani e...
- TCS Nashik case: IT giant denies Nida Khan held HR role, appoints Deloitte, law firm to assist internal probeTata Consultancy Services is investigating serious allegations of sexual abuse and coercion at its Nashik facility. The IT major has appoin...
- MNC units step up hiring for in-house legal teamsMultinational corporations' Indian subsidiaries are bolstering their in-house legal teams amid a shifting regulatory landscape and increase...
- 3 mutual funds file draft documents with Sebi to launch sectoral and passive fundsMutul Fund (MF) Latest News: The Kotak MNC Fund is an open-ended equity scheme focused on multinational companies (MNCs). Its investment ob...
- MNC offshore units plan to lease 62 mn sq ft by 2025Global Capability Centres (GCCs), offshore units of multinational corporations with a global presence, are poised to be the primary drivers...
- India-US sign pact for exchange of reports to check tax evasion by MNCsThis agreement will enable both the countries to automatically exchange CbC reports filed by the ultimate parent entities.
- MNC units, Indian firms get tax notices for receiving FDII-T officials red-flag premiums paid by investors, claiming they are unexplained credits.
- Royalty payment curbs a boost for MNC unitsRoyalty payment of Maruti in the third quarter of FY18 stood at 5.3 per cent of sales.
- Food giants lauds business friendly environment of KarnatakaFuture Consumer CEO (food parks) Sanjay Malpani also spoke about easy of doing business and the opportunities that the state offers for inv...
- Select MNC stocks to keep on commanding premium valuations; buy from a long-term perspective: Neeraj DeewanDeewan says that many MNCs commands healthy the return ratios; they get good return on capital employed. He sees these stocks doing well go...
- United Spirits kicks in change with car park equalityOne of the top HR changes at Bengaluru headquartered USL has been 'democratized car parking' for employees at the company head office, ocat...
- UTI's MNC Fund declares tax-free dividend of 25%Pursuant to the payment of dividend, the net asset value of dividend option existing plan and dividend option direct plan of the scheme wou...
- Income Tax department threatens penal action against Reckitt Benckiser's India armReckitt Benckiser joins a growing list of MNC's like Vodafone, Shell, IBM and Nokia that have been pulled up by the Indian revenue authorit...
- Shares of multinational companies skid on OFS routeSome of these shares have dropped 15% to 50% as investors were expecting these companies, which had not complied with market regulator.
- Shares of MNC units spurt on hopes they may delistShares of the Indian units of MNCs are on the front-foot this year on investor hopes that many of their promoters may delist them.
- Toshiba-JSW to invest $160 million near ChennaiAfter the auto major, Nissan, another Japanese MNC, Toshiba is betting big on Tamil Nadu for boosting its power equipment business.
- MNC pharma cos in race for RFCL unitVirbac, Sanofi Aventis and Pfizer have evinced interest in buying animal healthcare unit of RFCL, the fine-chemical business owned by ICICI...
- UTI-MNC Fund declares 25 pc tax-free dividendThe tax-free dividend of Rs 2.50 per unit on face value of Rs 10 would be given to unitholders as on the record date of July 28, a company ...
- Over two dozens MNC's consider to sell off India unitsAt least over two dozen of firms are evaluating options to sell off their Indian outsourcing units through a gradual exit process, global t...
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