The Finance Bill 2025 has amended the rules so that only direct investments by Indian residents will be considered within the 5 percent safe harbour threshold.
Companies contend that the existing tax rules fail to account for stock price fluctuations between deal signing and execution
In the Budget for FY26, finance minister Nirmala Sitharaman announced special measures for funds, ETFs and retail schemes eligible for free of tax relocation to Gift City.
Capital-market experts, in a meeting with the FM Nirmala Sitharaman, have asked for a revisiting of some conditions under this clause.
Stakeholders in a discussion organised by Broadband India Forum hoped that the Digital India Act will bring reforms to India's surveillance mechanism
Businesses can use so-called standard contractual clauses or binding corporate rules to transfer data, as well as asking consumers for their consent.
Transfer Pricing: Un-Safe Harbour?
The provisions for transfer pricing safe harbour, which is aimed at reducing tax related litigations with multinational IT companies have been inserted in Income Tax Act 2009 and the rules for the same will be notified by September first week.
One of the world's largest leasing firms has warned India the failure of troubled carriers like Kingfisher Airlines to return airplanes when they cannot pay their bills could put the country's aviation growth at risk by scaring away new funding.