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SAFE HARBOUR PROVISIONS
Draft IT rule tweaks set off alarms over state powers and costsProposed amendments to India’s Information Technology Rules, 2021 spell an expanded compliance burden for intermediaries and a significant ...
New income-tax act takes effect todayNew tax rules and budget changes begin April 1. Higher taxes on speculative stock trades will curb risky bets. Lower taxes on overseas trav...
New I-T law, higher securities transaction tax on F&O trade to kick in from April 1New tax laws and budgetary provisions, including higher STT on F&O trades and lower TCS on overseas tour packages and LRS remittances for m...
MeitY moves to regulate online user-posted newsWhile the draft amendments unveiled on Monday do not categorise online users as publishers, the content generated by them may face the same...
Meity moots IT rules tweaks to mandate platforms' compliance with advisories, SOPsNew draft amendments to IT rules propose mandatory compliance for intermediaries with government clarifications and guidelines. Digital rig...
Govts shouldn’t take away immunity of online platforms over user posts: Vint CerfCerf also said that companies working on artificial intelligence (AI) and generative AI should be “cautious and careful” about the way they...
Removal of safe harbour provisions will harm small firms the most: Google Executive"A framework that has a safe harbour from being responsible for all the content that's travelling over your systems is a cornerstone to ens...
Digital India Bill consultation: Stakeholders suggest retaining safe harbour provisionThe government is reconsidering the safe harbour provision, because of which social media intermediaries are not liable for what third part...
Twitter weaponizing information totally unacceptable: ChandrasekharThe Twitter Files have put a spotlight on the role of the US-based microblogging platform - now owned by billionaire Elon Musk - under its ...
NASSCOM welcomes notification on safe harbour normsNASSCOM today said it will help in reducing litigation, besides attracting investment and expansion of delivery centres.
Transfer pricing audit trends: Safe harbour rules to reduce litigationThe transfer pricing audit trends in India indicate greater scrutiny and newer issues (examples of Shell and Vodafone), leading to increase...
- New tax rules will cut litigation in IT: Experts
Safe harbour provisions benefit both the taxpayers and the tax authorities in determining the transfer price of international transactions.
- IT industry welcomes PM's move to review taxation
Major IT companies welcomed the move expecting the recommendations would work towards bringing in more clarity in the taxation and make Ind...
Manmohan Singh sets up committee to review taxation of Development Centres and IT sectorThe Committee will engage in consultations with stakeholders and govt departments to finalise the Safe Harbour provisions announced in Budg...
- CBDT panel to formulate safe harbour provisions
CBDT has set up a committee to formulate rules that would enable the income tax authorities to accept the transfer pricing returns without ...
- Tax BPO services at 11-13% over cost, says Deloitte
Introduction of safe harbour rules likely to improve foreign investment climate in IT and ITeS. Top 10 BPOs | Wipro bags Australian univers...
- Experts moot safe harbour norm to keep MNC biz
Do not kill the golden goose! Cautioning that India could lose out on the global offshoring pie if taxation practices are not corrected, in...