Dear All Taking the next step in the ‘Significant Economic Presence’ (SEP) concept, the Central Board of Direct Taxes (CBDT) has invited suggestions on the quantum of ‘revenue’ and ‘user’ thresholds that need to be prescribed for determining the SEP of a non-resident in India. Rakesh Nangia, Managing Partner shares his views on aforementioned story for following publications:
  • Hindu Business Line(Standalone story)
  • PTI
(This news has been picked by Bloombergquint, Business Standard and Significant Economic Presence: CBDT invites suggestions on ‘revenue/user’ cap for NRIs – Rakesh Nangia