Tag: NIRMALA SITHARAMAN
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India Introduces New Transfer Pricing Framework to Boost GCC Expansion
According to reports, India’s new transfer pricing framework, presented by Finance Minister Nirmala Sitharaman, aims to ease business for foreign entities by providing a three-year stability on pricing rates. Nambiar of Nasscom noted this will reduce disputes, while Potharkar of General Mills highlighted benefits like regulatory clarity and potentially lower litigation, critical for GCCs expanding…