Tax department of multinational businesses face formidable challenges coping with the profusion of compliance requirements imposed by the countries in which they operate. Challenges means increasing number of rules, more exhaustive enforcement by tax authorities and staffing. Multinationals gain greater confidence in their level of compliance through improved data management and by validating data integrity and accuracy.
Friday, June 17, 2011
International Tax
International tax professionals help multinational companies reduce taxes on earnings.
Cross Border Tax
In India companies on a broad range of inbound and outbound tax issues, including structuring initial overseas investments, financing international operations, cross border transactions, management of the global effective tax rate and business re-structuring.
Saturday, June 11, 2011
Foreign Trade
In India year 2010-11 exports grew by 37.5 percent [Fastest growth since independence] and the amount is in US Dollar 246 Billion. Strong export growth performance over the last five months. Now Commerce and Industry Ministry expecting the export target will be USD 450 Billion by year 2013-14.
Core Sector in Indian Economy
Growth has been powered by sectors like crude oil, steel and power. However, performance of the coal sector is a reason for worry.
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