Tag: TAXATION SYSTEM

The Central Board of Direct Taxes(CBDT) appointed committee has proposed a change in the methodology for taxing multinational companies(MNCs),including digital firms having permanent establishment in India. Earlier,CBDT had set up a committee to bring greater clarity and predictability for taxing MNCs having permanent establishment in India. The MNC having a fixed place of business in… Continue reading IT dept. proposes new norms for taxing MNCs