What you're here, not everywhereDelhi High Court has decided that India can tax the local operations of multinational companies like Hyatt International, even if the paren...
06 Oct, 2024, 11.04 PM IST
India Inc faces onslaught of GST demands as tax authorities try to meet deadlineSeveral prominent Indian companies, including Hindustan Unilever (HUL), ICICI Bank, and LIC, faced tax demands on the eve of the new year a...
03 Jan, 2024, 12.37 PM IST
Sitharaman highlights India's efforts to counter tax avoidance, evasionIndia is a signatory to the OECD's multilateral convention that aims to check cross-border tax evasion by multinational companies.
08 Jun, 2019, 02.25 PM IST
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...
18 Jun, 2017, 12.23 PM IST
Tax may rise on outbound M&As, Indian MNCs’ investmentsFor India, this seems to be aimed at bringing into the tax net some foreign investors investing in domestic capital markets by taking advan...
13 Jun, 2017, 01.39 AM IST
Budget 2016 may introduce BEPS to make tax evasion difficult for MNCsEven the tax treaties with many countries like Mauritius, which has seen a lot of controversies in India, would be irrelevant.
20 Jan, 2016, 04.00 AM IST
Shell companies' patents to come under domestic tax net on adoption of BEPSThe tax may not apply at the time of registration of the patents, but when and if the patents become a revenue generating proposition for t...
23 Oct, 2015, 07.13 AM IST
Transfer pricing issues to be decided on case-to-case basis: Jayant SinhaThe Minister was responding to a query on whether the govt will extend similar concessions to other MNCs which are facing transfer pricing ...
29 Jan, 2015, 02.21 PM IST
I-T dept signs APAs with 5 MNCs, more pacts in offingMNCs are often accused of misusing the system to transfer profits to their subsidiaries in countries that have low tax rates.
30 Mar, 2014, 11.38 AM IST
US wants MNCs to have right to sue India abroadThe 'investor-state dispute settlement', a key element of the bilateral investment pact, will arm foreign investors operating in India with...
25 Sep, 2013, 10.28 AM IST
Chidambaram’s problem: Taxing investors, yet wooing MNCs for FDIFinance minister P Chidambaram seems to be convinced that it’s the Asian century, and no one can afford to ignore India.
02 Jun, 2013, 05.58 AM IST
- Vodafone-Hutch deal: Case for advance ruling
Foreign cos entering into cross-border deals should seek an advance ruling on their transaction to avoid disputes.
18 Nov, 2010, 06.02 AM IST
Swiss should treat India on par with US, France on DTAAs: OECD directorIndia’s efforts to track black money stashed abroad have borne little fruit but a top official of the Organization for Economic Co-operatio...
30 Nov, 2009, 05.53 PM IST
- MNCs can deduct tax on salaries paid in India: SC
An MNC registered and situated abroad is liable to deduct tax on salary paid in the home country to their employees working here. Deemed ow...
26 Mar, 2009, 02.22 AM IST
- Royal Biz: Microsoft case exposes opaque tax policy
New Income Tax Code should clarify how software revenue of multinationals in india would be taxed. Myths and facts of filing your tax retur...
07 Apr, 2008, 05.48 AM IST
- SC ruling clears the air on captive BPO taxation
Monday’s SC ruling in Morgan Stanley case lends legal certainty to the policy of captive BPO taxation in India.
10 Jul, 2007, 04.51 AM IST
- No man's land
Certain provisions of the Transfer Pricing Rules, introduced in India in '01 for monitoring and regulating tax implications of cross border...
18 Feb, 2003, 05.50 AM IST