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    • 2 TP Circulars: Less Clarity, More Confusion?

      Clarity- this was the single point goal of the Rangachary Committee that was set up last year by the Prime Minister- clarity on how the transfer pricing principles should be applied to over 750 MNC Development Centres in India.

    • Government issues circulars on IT development centres

      The government has notified certain recommendations that the Rangachary Committee has proposed for the IT sector. The circular issued by the government provide clarity on taxation matters with regard to research and development activities in the IT sector.

    • PMO assures India Inc with GAAR relook initiative: PwC

      Shyamal Mukherjee, deputy tax leader, PwC explains to CNBC-TV18‘s economic policy editor Siddharth Zarabi that the government‘s statement is clearly restricted to FIIs and portfolio investors.

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