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With tax reforms such as faceless assessment taking roots, 2021 will go down as the year that pivoted the tax administration in a country aspiring to become the world's favourite investment destination.
A new interest rate regime will impact transfer pricing pacts, so a seamless transition holds the key
Solid growth takes global revenues over US$ 11 billion
The new-age companies can raise hundreds of millions of dollars on the back of lofty market valuations, only to collapse when they cannot figure out how to turn profitable.
The success or failure of any transaction is dependent on the valuation which should be mutually agreeable to the parties involved
The pact between the two countries explicitly states the period up to which the levy will continue and clears any doubts among multinationals after the global tax agreement in October.