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Retrotax returns: $1.6 billion tax demand on Cairn is likely to be a Vodafone redux

Mar 11, 2015

Retrotax returns: $1.6 billion tax demand on Cairn is likely to be a Vodafone redux

The government ought to leave such past transactions alone and instead concentrate on transfer pricing matters #Vodafone #Transfer pricing #Income tax #Cairn India #Capital gains tax
Budget 2015: NASSCOM seeks clarity in several long pending issues

Feb 19, 2015

Budget 2015: NASSCOM seeks clarity in several long pending issues

The IT industry body has asked the government to address regulatory and tax challenges for technology startups and SMEs, like difficulties in access to funding for low asset based firms... #Technology #Government #Transfer pricing #software #SMEs #Nasscom #IT Industry #startups #incentives #budget 2015 #ICT industry #Budget2015 #IT Budget 2015
Vodafone transfer pricing decision: Why is Modi govt smoking the peace pipe with MNC lobby?

Jan 29, 2015

Vodafone transfer pricing decision: Why is Modi govt smoking the peace pipe with MNC lobby?

The government lacks the stomach for a good fight and the Indian government might just as well throw in the towel in its much touted fight against black money stashed away abroad by Indians. If it can chicken out in the fight against MNCs operating on its own turf, it would have much less inclination and resources to fight against the Swiss government on the Swiss governments turf. #Narendra Modi #Vodafone #Arvind Kejriwal #Transfer pricing #Tax
Modi walks the talk: Not appealing in Vodafone case is a landmark decision

Jan 29, 2015

Modi walks the talk: Not appealing in Vodafone case is a landmark decision

Only two days back had Modi promised the US investors that he will usher in a "a tax regime that is predictable and competitive". And he has taken a first major step towards it #Vodafone #Income Tax Department #Rs 3500 crore transfer pricing case #Bombay High Court order #Ravi Shanka Prasd
During Obama's visit, India, US set to ink tax pact to boost foreign investment

Jan 22, 2015

During Obama's visit, India, US set to ink tax pact to boost foreign investment

The Indian tax department is also in talks with Britain, as well as a couple of other European nations, with agreements likely to be signed later this year, said the tax officials, declining to be named ahead of an announcement. #Business #Economy #India #ThisisNext #Barack Obama #US #Vodafone #IBM #Arun Jaitley #Microsoft #Hewlett-Packard #Transfer pricing #Shell #Tax agreement #Obama visit
I-T slaps $866 mn notice on IBM, co to fight legally

Nov 02, 2013

I-T slaps $866 mn notice on IBM, co to fight legally

In an emailed statement, an IBM India spokeswoman confirmed the company had received a tax notice, but declined to comment on the amount of tax liability or the nature of the notice. #NewsTracker #IBM #Tax evasion #Income Tax Department #Transfer pricing
Transfer pricing: India gets agressive with MNCs ahead of Budget 2013

Feb 18, 2013

Transfer pricing: India gets agressive with MNCs ahead of Budget 2013

South Korea's LG Electronics Inc , Singapore property group Ascendas, French IT services firm Capgemini and chocolate maker Cadbury, are among numerous global companies involved in transfer pricing disputes in India #finance ministry #Vodafone #Transfer pricing #Taxation #Shell #Budget2013 #LG
Absurd and unacceptable: Nokia, Shell slam Indian tax laws

Feb 13, 2013

Absurd and unacceptable: Nokia, Shell slam Indian tax laws

This view is widely shared in corporate corridors due to the disconnect between the finance ministry's promise of a non-adversarial tax regime and the execution and implementation by the bureaucracy. #Nokia #Cipla #Taxation #India Inc #Shell #TransferPricing
India Inc is keen to quit India, says Cipla's Hamied

Feb 11, 2013

India Inc is keen to quit India, says Cipla's Hamied

Hamied may be hitting on the nationalist chord, but his broader concerns about the government's attitude to business are widely shared in India Inc. #Ratan Tata #Cipla #Transfer pricing #Taxation #India Inc #Yusuf Hamied