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EU widens tax probe into multinationals

Last Updated: Friday, July 04, 2014, 21:52

Luxembourg is used by many multinationals including online retailer Amazon, building equipment maker Caterpillar and UK mobile telecoms group Vodafone. 

'BIPAs damage India's interest; end them gradually'

Last Updated: Wednesday, May 21, 2014, 14:42

Worried over frequent invocation of investment protection pacts by MNCs, the Commerce and Industry Ministry is in favour of gradually phasing them out saying that they hurt India's interest.

I-T dept signs APAs with 5 MNCs, more pacts in offing

Last Updated: Sunday, March 30, 2014, 13:52

Seeking to reduce litigations and promote foreign investments, the Income Tax department has signed Advance Pricing Agreements with 5 multinational firms and plans to enter into more such pacts.

MNCs prefer Tier-I engg institutions for hiring talent: Report

Last Updated: Thursday, October 17, 2013, 22:02

While the average total guaranteed compensation (TGC) for a graduate at a tier I institution was Rs 8.07 lakh, the average TGC for a graduate from a Tier II established institution was Rs 6.49 lakh.

'India 11th most favoured for setting up MNC headquarters'

Last Updated: Sunday, October 06, 2013, 10:44

India hosts about 158 large global companies having a revenue of USD 1 billion or more, making the country the 11 most favoured destination for setting up of a multinational corporation headquarters, says a report.

Over 100 MNCs seek advance ruling to avoid tax disputes

Last Updated: Sunday, May 26, 2013, 14:18

"We have received 146 applications from companies for advance pricing agreement mechanism which would allow companies to seek guidance on pricing of goods and services in advance," a senior finance ministry official said.

'Mandatory norms needed to get information from MNCs'

Last Updated: Wednesday, April 03, 2013, 18:20

A recent study by UK-based NGO Christian Aid said many MNCs operating in India and having links to tax havens use profit shifting strategies to "evade" taxes.

Only 26% of MNCs have global roles from India: Survey

Last Updated: Thursday, March 07, 2013, 18:47

Among the several multinationals companies with research and development presence in the country, only 26 percent have global roles from India, says a study by market research firm Zinnov.

Almost 400 MNCs have their Asia HQs in Shanghai

Last Updated: Tuesday, November 06, 2012, 11:08

According to figures from the municipal trade commission published Monday in the Shanghai Daily, 393 MNCs already have their main Asia offices in this metropolis of more than 24 million people.

India no longer a preferred destination for MNCs: Microsoft

Last Updated: Thursday, December 08, 2011, 21:18

Global software major Microsoft on Thursday said that for MNCs, India is no longer a preferred destination.

UPA playing in the hands of MNCs: Dhumal

Last Updated: Saturday, November 26, 2011, 00:13

The Union Cabinet`s decision to allow 51 per cent FDI in the retail sector amounts to playing into the hands of multinational companies, Himachal Pradesh Chief Minister Prem Kumar Dhumal Friday said.

CPI-M flays `unjustified concessions` to MNCs

Last Updated: Friday, April 01, 2011, 14:54

The Communist Party of India-Marxist (CPI-M) criticised "unjustified concessions" given to multinationals (MNCs) to set up new units in the same field of business without their Indian partners` approval.