The top 30 list has four pharmaceutical and health care companies - unsurprising, since the Covid-19 pandemic sent the demand for health care products and services soaring
India's tax treaties with most major economies cap withholding tax on royalties and technical fee at 10%
Yet, a look at the Indian units of long-established multinationals shows how much help the industrial sector will need
For MNCs relocating from China, India needs substantial catching up relative to Vietnam to be considered a significant contender
The study says 71% of MNCs see the country as a key destination for their global expansion
The global minimum corporate tax on MNCs was aimed at discouraging them from shifting profits to low-tax countries. But it will reduce the incentives to attract investment in developing countries
MNC exits raise concern
Only 10% of Global Capability Centres have tie-ups with educational institutes to source talent
Will Indian conglomerates go the GE and JJ way? How are craft spirit brands brewing a storm in the liquor market? What precautions should we take as online frauds become rampant? All answers here
But they head smaller companies; rely more on senior management for feedback
Britain wants the US and other nations to focus instead on measures to make big MNCs, such as Amazon, pay more of their tax in countries where they operate
The government has told foreign companies that, from 2024, they can only secure state contracts if they have local offices
The law will apply to all companies, societies, trusts, limited liability partnership firms, partnership firms and any person employing ten or more persons across the state for 10 years.
APAs are aimed at providing certainty to taxpayers in respect of the transfer price of the cross-border transactions
Says India to soon supply two vaccines to the world, many more will come, going forward
Many are testing hybrid models to ensure safety and hygiene; seat-booking module introduced in some companies
Continue to cede ground to family enterprises, private sector firms
The platform offers banking solutions and value-added services such as business incorporation, corporate filings, licences and registrations, HR services, compliances and taxation
As an 'Authorised Dealer Category 1', the bank can authorise the setting up of liaison offices (LO), branch offices (BO) as well as a project offices, within the regulatory framework
India is losing over $10.3 billion (about Rs 75,000 crore) in taxes every year owing to global tax abuse by MNCs and evasion by private individuals, a report said on Friday.