India budget update: top points for multinationals

By Dharmesh Pandya

In an effort to jump-start a weak economy, the Indian government’s Union Budget adopts several new measures while taking a balanced approach.

These are the government’s key areas of focus: reduce tax litigation and the transfer pricing challenges affecting foreign multinationals by introducing roll-back provisions via advance pricing arrangements; boost infrastructure investment; introduce a tax framework for REITS and infrastructure funds; and create a roadmap for implementation of the goods and services tax.

Below are the key tax changes that may affect foreign multinationals with operations in India…

Click on the link below to read the rest of the DLA Piper briefing.

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