Income tax on remittances to India depends on the amount sent and the nature of the remittance. If the money is sent for personal use such as family maintenance or medical bills, there’s no need to pay income tax. However, if the money is sent for business or investment purposes, the ...
India’s global competitive edge in the GCC sector, the ease of doing business for these GCCs needs to be constantly monitored and improved. A common challenge for GCCs is negotiating tax certainty for their transfer pricing transactions with their foreign headquarters and other companies within ...
What is the scope of Transfer pricing in India? Transfer pricing regulations are applicable on international transactions and also on certain domestic transactions between two related Indian parties. Who is required to furnish report under section 92E?
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Vodafone has indicated that it intends to seek international arbitration on the grounds that the retroactive taxes violate an India-Netherlands investment treaty. Vodafone is right to stand up for its interests, but it should not be required to stand alone. As I wrote at the time of the Qualco...
No significant changes were proposed by Interim Budget 2024 pertaining to transfer pricing. Central Board of Direct Taxes (CBDT) notification dated 19 December 2023[xiv] On 19 December 2023, CBDT released a notification to amend safe harbour rules (SHR) in India. The amendments aim to change ...
We can provide periodic updates on international tax developments that may affect your business; and We can advise on tax structuring for domestic and international transactions including analysis of double taxation treaties. We also provide services through our Seychelles Desk, India Desk and Immigration...
7. Is it necessary to deduct Tax deduction at source on payments made to the government? There is no requirement that any tax be deducted from any money payable to the authorities, or India's Reserve Bank (RBI), or a corporation founded by or under a Central Act that is free from inco...
Cross-Border Payment Innovations: Advancements in Global Money Transfer Escaping the Crypto Tax Trap: Strategies to Evade Detection Payday Loans And Personal Loans: What's the Difference? Taxation of Tokenized Securities: Analyzing Tax Treatments for Security Tokens ...
Transfer Pricing; Income Tax on e-commerce and Electronic Transaction Tax 1 Individual Income Tax Normal tax rates; Concessional tax rates; Main Personal Relief; Tax residence; Registration and filing; Tax payments; Benefits-in-kind (BIKs); Social security system 18 Withholding Taxes General; Artic...