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AMP TAX
Epstein files reveal ongoing ties with this one wealth managerDespite the allegations surrounding Jeffrey Epstein, Bank of America wealth adviser Paul V. Morris maintained connections with Epstein for ...- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Fanum-AMP exit row: Cryptic social media posts hint at his departure; here’s what happenedFanum, one of the founding members of popular content collective AMP, has created a stir after a series of cryptic social media posts share...
- MNC arms await Supreme Court verdict on tax demand for Ads, promotionAccording to the Income Tax (I-T) department, the AMP is a service rendered by the Indian companies to foreign parents. If the apex court r...
- Advertising, marketing and promotion incurred by Himalaya not an international transaction: ITATIn what could set a precedent for several Advertising, Marketing and Promotion (AMP) related tax issues, Bangalore ITAT deleted the transfe...
- Stocks to make a comeback as banking crisis passes, AMP saysAMP Capital is sticking to its bullish stance despite the market’s recent rout.
- MNCs in a fix over ‘dual’ tax noticesRevenue dept's new move has stumped multinationals already fighting transfer pricing cases in India.
- Multinational corporations asked to pay 15% higher tax on ad spendThe worry, say people close to the tax department, is that while multinationals are benefiting from brand building, India won’t get anythin...
- CBDT signs 9 more unilateral APAs with taxpayers in JulyThe nine APAs signed in the past one month pertain to sectors like telecom, healthcare, manufacturing, engineering, media and irrigation.
- Move court only on question of law in transfer pricing cases: High CourtIn key ruling, Karnataka High Court says companies and revenue officials tend to approach courts when they don’t agree with facts observed ...
- Taxman disallows AMP deductions sought by MNCsTax experts point out that it is for the first time that the department is using Section 37 for disallowing advertising, marketing, sales p...
- Startups may get tax benefit in Budget for brand buildingAccording to experts, the government could allow startups and to appropriate initial brand building expenses over several years for account...
- Ad expenses of Indian arm of MNCs fall under transfer pricing: Delhi High CourtThe ruling and guidelines came on the pleas of several Indian subsidiaries of multinational companies including Sony, Daikin, Haier, Reebok...
- High Court lays down rules on taxation of ad spend by MNCsThe dispute was over the applicability of transfer pricing rules — which governs transactions between multinational companies and their Ind...
- Companies ordered to pay taxes on ad, marketing & promotion expenses incurred over & above industry averageIf the Indian subsidiary spends more than the average AMP expenses, then this additional amount is going towards promoting the brand and no...
- Automotive Mission Plan: Government to release details in SeptemberIn the first AMP (2006-16), auto industry's contribution to the GDP was envisaged at 10 per cent but it currently accounts for just over 7 ...
- Auto Mission Plan seeks tax holidays to attract mega investmentsPrime Minister Manmohan Singh will release the final copy of the Auto Mission Plan 2006-2016 (AMP) on January 29, which envisages an invest...
- PM to release auto mission plan on 29thPrime minister Manmohan Singh will officially release the final copy of the auto mission plan 2006-2016 (AMP) on January 29, which envisage...
- Auto hubs to lay hands on fiscal sopsIt’s not just the SEZs. Automotive hubs are also likely to get access to a host of fiscal incentives.
- Govt proposes tax holiday for auto incAutomotive hubs are also likely to get access to a host of fiscal incentives.
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