New rules of third-party insurance: Should you buy package or bundled policy now?For new buyers, there will be three options- Long-term package, bundled package, and a standalone TP cover.
19 Sep, 2018, 05.47 PM IST
New third-party motor insurance rules: Who pays more and what happens to NCBFollowing a Supreme Court order, the insurance regulator has asked all general insurance companies to offer long-term third-party motor cov...
19 Sep, 2018, 05.46 PM IST
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.
30 Sep, 2015, 01.48 PM IST
Shell evaded tax by undervaluing the share-sale deal by over Rs 15k crore"Share transaction between Shell India and its global parent can be scrutinised by income-tax department for violation of transfer pricing ...
26 Feb, 2013, 06.31 AM IST
Government plans to raise Rs 1 lakh crore via taxing cross-border dealsThe department has taken into account elements like 'marketing intangibles', expenditure incurred for building brand equity in India.
08 Feb, 2013, 07.20 AM IST
- Different transfer pricing method no ground for penalty: Income Tax Appellate Tribunal
TNMM is one of the five methods prescribed under transfer pricing rules of the I-T Act for computing income from cross-border transactions.
01 Sep, 2011, 02.41 AM IST
- Makeover for domestic transfer pricing
India has a relatively short history of transfer pricing (TP) legislation compared to some countries where this law is well developed.
13 Nov, 2010, 01.56 AM IST
- Finmin, CBDT told to amend transfer pricing norms
India’s TP rules currently cover cross-border transactions between related parties, such as the Indian arm of a foreign company and its ove...
10 Nov, 2010, 02.32 AM IST
- India, US end row over taxing captive units
India has settled a dispute over taxing profits of captive IT services units and research arms of US firms, bolstering New Delhi’s position...
18 May, 2010, 02.00 AM IST
- India, US end row over taxing captive units
India has settled a dispute over taxing profits of captive IT services units and research arms of US firms, bolstering New Delhi’s position...
18 May, 2010, 01.12 AM IST
- Surety for loan by foreign arm to attract tax here
An Indian company that provides a bank guarantee (BG) against a loan taken by a subsidiary abroad will now have to pay tax here for standin...
14 Dec, 2009, 03.06 AM IST
- Transfer pricing rules help I-T dept earn Rs 15k cr more
Transfer pricing (TP) rules that were put in place by the government in the 2001-02 Budget has helped the country’s direct tax regime to ea...
12 Oct, 2009, 01.13 AM IST
- TP rules likely to be finetuned
The government is likely to bring in major changes in transfer pricing (TP) rules to align with more mature jurisdictions such as US, UK an...
22 Jul, 2007, 05.15 AM IST
- Transfer pricing regime to cover all Rs 5 cr-plus deals
All cross-border transactions worth Rs 5 crore or more will come under the scrutiny of the transfer pricing regime, even if there is no pri...
13 Jul, 2007, 12.45 AM IST
- SEZ export obligation to attract tighter vigilance
The introduction of export obligation for units operating within SEZs equivalent to the purchases made by them from the domestic tariff are...
09 Apr, 2007, 02.00 AM IST
- SEZs to come under transfer price norms
These norms would ensure that units in an SEZ are not able to claim less revenue to earn tax exemptions.
13 Nov, 2006, 12.56 AM IST
- Cell to keep tabs on transfer pricing
Foreign companies may need to take note as the transfer pricing regime begins in India.
14 May, 2002, 06.08 AM IST