The SKP Advantage
We are pleased to present SKP’s Doing Business in India guide – a publication intended to introduce investors to the business, regulatory and tax environment in India. With India’s increasing attractiveness as a destination for doing business, we hope this guide gives you an overview of the ever-changing Indian environment. If you are looking at investing in India, do contact our team for the latest information.
The Winter Session of the Indian Parliament 2014 witnessed the introduction of the 122nd Constitutional Amendment Bill (CAB). The introduction of the CAB which proposes the Goods and Services Tax (GST) is the single biggest indirect tax reform in India post-independence. The 122nd CAB, which was tabled in the Lok Sabha (Lower House of Parliament), proposes a wide range of changes in the structure of indirect tax in India. This update highlights the reactions of the States and industry to the CAB.
The transfer pricing world is undoubtedly moving into an exciting yet challenging sphere. The global platforms are heading towards a flat structure and during the last quarter, we have seen many new developments, either introducing comprehensive transfer pricing regimes or expanding the reach of transfer pricing regulations to various intra-group arrangements.