HomeNewsBusinessEconomyChidambaram says will issue transfer pricing rules by April

Chidambaram says will issue transfer pricing rules by April

India will issue so-called safe harbour rules by April 2013, a set of provisions that under certain conditions would enable tax authorities to accept companies' transfer pricing claims without further scrutiny, finance minister P Chidambaram said on Monday.

March 04, 2013 / 17:19 IST
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India will issue so-called safe harbour rules by April 2013, a set of provisions that under certain conditions would enable tax authorities to accept companies' transfer pricing claims without further scrutiny, finance minister P Chidambaram said on Monday.


Transfer pricing is the value at which companies trade products, services or assets between units across borders, a regular part of doing business for a multinational.
 
first published: Mar 4, 2013 05:02 pm

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