Dear All
We are pleased to share you that Nangia Advisors LLP has partnered with International Tax review – UK on India Tax Forum, 2019 at Hotel Shangri-La , New Delhi .
The seminar will gather eminent speakers to discuss the Direct and Indirect Taxes issues along with the policy initiatives having impact on trade, industry and Indian economy.
Rakesh Nangia, Managing Partner will share his insights on Taxation on Digital Economy.
Details of the event are as follows:
India is bolstering a tax program designed to reduce costly disputes with multinationals, after it came under criticism for being too burdensome. Advance pricing agreements (APAs) are ahead-of-time agreements between companies and tax authorities on pricing transactions between group entities. India introduced the system in 2012, in a bid to help stave off drawn-out lawsuits.
Rules requiring foreign companies to store certain types of data in India have opened a front in the country’s quest for ways to tax its booming digital economy. The Reserve Bank of India, the central bank, gave financial companies until October to comply with a policy requiring them to store payment data domestically. A draft bill currently being finalized, meanwhile, requires businesses to store at least a copy of personal data they collect on servers in India.
Chirag Nangia, Director answers the weekly queries for DNA readers.
