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...
SIS Ltd eyes Rs 20,000 crore revenue in FY27; targets 5 lakh workforce by 2030SIS Ltd targets Rs 20,000 crore revenue by FY27. The security and facility management firm anticipates strong growth fueled by network expa...
Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog saysThe landmark agreement, brokered by the Organization for Economic Cooperation and Development, set a minimum global corporate tax of 15%. T...
Vietnam may delay minimum tax on multinationals; blow to Samsung, IntelVietnam, which is highly reliant on foreign investment, had planned subsidies for multinationals to compensate for the higher tax, as it fe...
MNC dividends pour post scrapping of distribution taxIn FY23, the dividend earned by foreign promoters and other overseas investors was nearly ₹1.24 lakh crore compared to ₹53,600 crore in FY2...
Multinationals want clarity on scope of equalisation levy after OECD dealIn 2020, the government had expanded the scope of the equalisation levy in a bid to tax internet giants' digital advertising revenues from ...
View: Global tax restructuring a recognition that the existing system is weakBritain introduced the 'Google tax', India introduced the 'equalisation levy', and a host of other countries took different unilateral meas...
India will have to scrap "digital permanent establishment" rules post global tax deal“If India wants to accept OECD’s tax deal, all unilateral measures like equalisation levy, and SEP must go, as countries can’t have it both...
India to strive for higher share of MNC digital taxIndia on Friday joined 130 countries in the G20-OECD inclusive framework to reform international tax rules to create a new global tax regim...
G7 proposal on MNC tax: India wants wider ambitIf the proposal is accepted, India would have to remove the 2% equalisation levy on sales of digital multinationals even as the current pro...
High tax takes sheen off generous MNC dividendsFor investors in the highest tax bracket, the abolition of dividend distribution tax (DDT) has meant an effective tax incidence of 43 per c...
MNC tax: Delays plague mutual agreement processMAP agreements are not made public, but a case that had hit the headlines was that of Nokia, where significant tax demands of above Rs. 2,0...
Fox tax ruling to help other MNCsGovt looking to articulate rules to tax MNCs based on volume of transactions and number of consumers in India.
MNCs in a fix over ‘dual’ tax noticesRevenue dept's new move has stumped multinationals already fighting transfer pricing cases in India.
Indian companies under POEM to be taxed at 40 per centCentral Board of Direct Taxes has put up a draft notification for stakeholder comments. It has already issued norms for determining POEM of...
MNC taxes: Government must apply mind and not moralsToday, governments everywhere are no longer sympathetic towards companies who engage in "planning" to mitigate their tax liability.
Mr President, taxes aren’t your briefMukherjee’s speech to tax officials at Nagpur made extensive references to tax havens and transfer pricing.