Aligning the Indian tax environment with global best practices and standards, the Central Board of Direct Taxes (CBDT) has yet again brought a change to transfer pricing documentation. Detailed transfer pricing rules have been issued for public discussions, which require MNCs operating in India to furnish documentation with respect to their worldwide operations, popularly known as Country-by-Country Reporting (CbCR) and Master File. Rakesh Nangia, Managing Partner – Co-authored by Amit Agarwal, Partner- Transfer Pricing contributed an article on Transfer pricing once again comes to the fore for MNCs  for Financial Express- Opinion page Transfer Pricing For MNCs - Rakesh Nangia