The Aftermath of International Taxation Laws on Indian Economy: an Overview on Transfer Pricing
Journal Title: International Journal of Business and Management Invention - Year 2019, Vol 8, Issue 1
Abstract
The major two words GLOBALIZATION AND MODERNIZATION have made a huge impact on the world economy. As we set out toward globalization and modernization, we are moving towards exhibiting the dynamic and moldable arrangement of world. The world has turned out to be an open market because of which global speculation and cross outskirt business have turned out to be the fundamental piece of our new world. With respect to India, Indian government has opened up its market and welcomed several multinational companies to bloom its business in India. Almost certainly because of this, FDI inflow and speculation has elevated Indian GDP. Within all this gigantic development, the key inquiry that remains is how much tax Indian government is gathering as a byproduct of enabling Multinational Corporation to work here in India. Has India been successful to set up an international taxation framework so as to influence business to work easily and in the meantime charge appropriate tax on those organizations?
Authors and Affiliations
Deepanshu Patra, G. K. Poonacha, Pranav Kumar Menon
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