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OECD GUIDELINES
Major world economies seek to halt new private sector coal financingOECD plan instructs financial institutions to stop funding coal projects. Calls for financing early closure of coal plants and supporting c...- Gold dealers' disquiet over imports from AfricaIndian bullion dealers and jewellers have warned the government that certain refineries in the country are importing dore gold, free of cus...
- Execs, HNIs stuck in India may face tax, regulatory troublesMany executives on global assignments had moved back to India during the second wave of the pandemic but are now unable to return.
- Tax relief likely on forced residency due to Coronavirus LockdownTheir period of overstay in India due to lockdown could be exempted, as prescribed by OECD.
- Records across jurisdictions must to prevent tax disputesBusinesses will have to maintain records of their activities in other jurisdictions, along with the travel history of their employees, in o...
- India wants fair share of $100 billion global taxes from Google, FacebookWith a hope of getting larger chunk of $100 billion in global taxes to be paid by digital companies, India is pushing that number of users ...
- Digital MNCs may recast operations for new tax lawIndia, with members of OECD, plans to bring some of the biggest multinationals under the domestic tax net.
- MNCs wary of sharing global details with Indian tax sleuthsMultinationals like Google, Facebook, Samsung and Apple would now be required to submit details about their global operations in India.
- 'Panama Papers': India to attend OECD meet in ParisIndia will take part in a special OECD meet on April 13 in Paris to firm up cooperation between countries in the wake of the 'Panama Papers...
- Expect clarity on foreign tax credit in Budget 2016The three main pillars of BEPS are coherence, substance and transparency. And these are likely to reverberate across all changes we will wi...
- Companies prepare for BEPS with mock runs to fix potential tax problemsSeveral multinationals have initiated impact assessments to identify and fix potential problems in their tax reporting.
- Preventing BEPS by assuring transfer pricing outcomes are in line with "value creation"Actions 8-10 of the BEPS Action Plan relate to a number of closely related topics. These include the development of rules to prevent BEPS.
- Venus Remedies gets European patent for antibiotic drugThe product is designed for mixed multi-drug infections for pediatric, geriatric and adult immuno-compromised patients.
- India should address infra bottlenecks to boost growth: OECDOECD today said India needs to address its infrastructure shortfalls and pervasive state control in business activities, to maintain robust...
- Vodafone tax dispute: Taxed India takes on the worldIndia is bracing itself for another major row against a global tax rule to ensure it gets a fair share of the tax pie, even as the dust it ...
- Indian wealth stashed away in tax havens takes political turnThree major political parties, Communist Party Marxist (CPM), Bhartiya Janata Party (BJP) and Janata Dal (United), have promised to take st...
- TP rules likely to be finetunedThe government is likely to bring in major changes in transfer pricing (TP) rules to align with more mature jurisdictions such as US, UK an...
- Unspecified transfer pricing: Look beyond prescriptionIndia, an emerging economic powerhouse, is no longer a topic of debate. It is now a proven fact evident with the ever-growing presence of m...
- Govt to set up agency for corporate governanceThe company affairs ministry has decided to have an umbrella agency of corporate governance which will set non-binding standards in line wi...
- No man's landCertain provisions of the Transfer Pricing Rules, introduced in India in '01 for monitoring and regulating tax implications of cross border...
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