How to tackle a doubled increase in withholding taxes to 20% on Royalties and FTS?
The Finance Bill 2023 that the Indian parliament passed increased the withholding tax rate under the Income-tax Act, 1961 for payment of Royalties and Fees for Technical Services (FTS) paid to non-residents from 10% to 20%. India is a net importer of technology and high-end services from foreign jurisdictions. In such cases, Indian multinational pays […]
How To Develop A Winning Tax Strategy For Multinationals
Taxation is an essential cost for your business that you should pay attention to. While tax avoidance and evasion are bad in law and spirit, you must ensure that your global corporation does not bleed in taxation. It is the tax cost that you would like to keep tabs on and control to the extent […]
Transfer Pricing in recession times.
The process of arriving at the fair value of products and services exchanged between connected organisations within a multinational corporation is known as transfer pricing (MNC). The significance of transfer pricing increases during recessions as companies try to manage their tax liabilities and maximise their cash flows. This blog post will examine how MNCs might […]
Transfer Pricing is misunderstood – A perspective
Tax TransParency report provides overall visibility on the tax strategies and contribution made by the multinational to the global as well as country economy.
Tax Transparency Report
Tax TransParency report provides overall visibility on the tax strategies and contribution made by the multinational to the global as well as country economy.
India Union Budget | 2022-23
A Booster shot towards a $ 5 trillion economy
Slump Sale – New Tax Rules – Simplified with example
The Indian tax authorities have strengthened the rules around slump sale transaction
An incentive to AIF – GIFT IFSC
Indian government incentivises AIFs to set up under automatic route in GIFT city and overseas.