The SKP Advantage
On 25 September 2014, India’s Prime Minister, Narendra Modi, launched the ’Make in India’ campaign to tell the world that things are changing in India: doing business is going to get easier, efficient and transparent. In his Independence Day speech on 15 August, the PM invited businesses from across the world saying, "Come, make in India! Come, manufacture in India! Sell in any country of the world but manufacture here."
We are pleased to present the second edition of Transfer Pricing 360˚ – SKP’s quarterly newsletter aimed at providing a comprehensive picture of transfer pricing developments in India and across the globe. This issue focuses on India Inc’s outbound financial transactions and global developments in the OECD’s BEPS project.
This is in continuation of our Tax Alert Volume 7 Issue 7 dated 13 August 2014 with respect to the Service Tax audit conducted by Department officers in the case of Travelite India, which was held as ultra vires by the Delhi High Court.