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Base Erosion And Profit Shifting

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Jaitley welcomes Panama expose, says none will be spared

 The government on Monday declared that action will be taken against “unlawful” accounts held abroad by Indians and constituted a multi-agency group to continuously monitor information......

Pillar Two tax regime unlikely soon as India moves with caution

 The Union government is expecting to rake in Rs 100-200 crore in additional revenue from Pillar Two, only under specific circumstances, a senior finance ministry official said requesting anonymity.......

G20 resolves to check profit shifting for fair tax realisation

 The G20 in 2013 had unanimously agreed to a 15 point action plan to check BEPS The finance ministers of the G20 nations on Saturday resolved to tackle Base Erosion and Profit Shifting (BEPS) to......

'60% of taxpayers will shift to new tax regime'

 'Personal income tax is growing by 27 per cent and most refunds have already been issued.' Illustration: Dominic Xavier/Rediff.com "Suppose you are a taxpayer and you have been filing returns and......

Many MNCs use 'profit-shifting' strategy to evade tax

 Many multinational companies operating in India and having links to tax havens use profit-shifting strategies to "evade" taxes, according to a research report by Christian Aid.The conclusions from......

FPIs from Mauritius to face greater scrutiny after tax treaty revision

 Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by......

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