Budget 2025 proposes a block assessment mechanism for transfer pricing to reduce compliance burdens. The new approach allows ...

Taxpayers can opt for this multi-year application by submitting a prescribed form within a specified timeframe. The Transfer Pricing Officer (TPO) will validate this option within one month. If ...

Additionally, the finance minister expanded the scope of safe harbour rules to reduce litigation and provide certainty in international taxation.

Q.9 How will the income will be recomputed once the TPO has examined and determined the ALP in relation to such similar transaction for such consecutive previous years, in the order? Q.10 How will the ...

Experts say transfer pricing rationalisation will benefit GCCs and MNC service providers, providing clarity and certainty about tax ...

Streamlining international taxation and expanding safe harbour rules for Global Capability Centres (GCCs) in India are ...

Start-ups with overseas operations will also benefit from the transfer pricing safe harbour provisions that are proposed to ...

The Budget focuses on accelerating growth, promoting infrastructure, inclusive development, strengthening private sector ...

BENGALURU: Virtual digital assets (VDAs) such as crypto will be included in defining undisclosed income. This means ...

The latest Economic Survey, presented in Parliament, anticipates strong growth for the IT/ITES and Global Capability Centre ...

The OECD provided a new checklist of documents multinational companies must provide for a risk assessment program that helps them avoid transfer pricing disputes.

The insights from Deloitte’s survey and expert opinions underscore the urgency of these reforms. As India aspires to become a ...