Section

What you're here, not everywhere

By Economic Times - 2 months ago
Delhi High Court has decided that India can tax the local operations of multinational companies like Hyatt International, even if the parent company is incurring global losses. This approach strengthens India’s tax sovereignty and ensures fair taxes on profits generated in India. MNCs must now focus on local activities for tax compliance rather than global performance.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.