All posts by nangia

Articles In Newspapers & Journals

Surcharge, cess come to the rescue as I-T revenues repeatedly miss target – Neha Malhotra

Despite a strong growth in the number of persons filing income-tax returns since 2014, the Centre has been struggling to meet its target for basic I-T collections every year. This appears to have made it turn towards supplementary levies such as I-T surcharge and cesses to bolster its collections in FY19. Neha Malhotra, Executive Director shares her views on aformentioned story for Hindu Business Line- Front page story. Surcharge, cess come to the rescue as I-T revenues repeatedly miss target - Neha Malhotra
Articles In Newspapers & Journals

UN Draft Guidance on Financial Transactions – A Welcome Move – Nitin Narang

The application of arm’s length principle (ALP) to intra-group Financial Transactions (FT) has been an intricate and contentious issue for multinational enterprises (MNE) in recent years. Recently, two of the big intergovernmental organizations, Organisation for Economic Cooperation and Development (OECD) and the United Nations (UN) released a series of proposals (in July 2018 by OECD and on 08 April 2019 by UN) with respect to FT. Nitin Narang, Partner and Adarsh Rathi, Director- Transfer Pricing & International Tax contributed an piece on UN Draft Guidance on Financial Transactions – A Welcome Move for Tax sutra UN Draft Guidance on Financial Transactions – A Welcome Move