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MNCs in India may face higher taxes

MNCs in India may face higher taxes

Friday, April 19, 2019, 6:11 PM

Multi-national companies (MNCs) based in India may soon face a higher tax burden, according to the source. The rules for attributing profits to MNCs having a permanent establishment in India are set to change if the draft report issued by a Central Board of Direct Taxes (CBDT) appointed committee is adopted, the report said.
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