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Multinational Companies

India-US sign pact for exchange of reports to check tax evasion by MNCs

The agreement was signed by Central Board of Direct Taxes Chairman P C Mody and US' ambassador to India Kenneth Juster.

Mar 27, 2019, 16:08 PM IST

32 listed companies paid Rs 6,300 cr royalty in FY15

As many as 32 multinational companies listed on BSE paid royalties worth Rs 6,300 crore to their global parents in the last financial year, says a report.

Feb 18, 2016, 16:50 PM IST

MNCs beat Indian companies as preferred place to work: Survey

Multinational companies (MNCs) beat Indian firms as preferred place to work, as nearly 88 percent employees working with domestic firms, if offered a choice, would like to switch to international organisations, says a survey.

Jan 21, 2016, 19:15 PM IST

MNCs doing unethical business, disrespecting laws: SJM

 In the wake of the Maggi row, RSS affiliate Swadeshi Jagran Manch today targeted MNCs, including those from China, charging them with doing "unethical" business in India and "disrespecting" its laws to make profit, and demanded stern action against them.

Jun 07, 2015, 13:09 PM IST

MNCs may have to disclose details of HQ ops to I-T dept

Multinational companies operating in India will soon have to disclose details of their operations at the country of residence and their revenue income to the Income Tax authorities.

Feb 02, 2015, 18:05 PM IST

MNCs may have to disclose details of HQ ops to I-T dept

Multinational companies operating in India will soon have to disclose details of their operations at the country of residence and their revenue income to the Income Tax authorities.

Feb 02, 2015, 17:23 PM IST

Britain launches new 'Google tax' on multinationals

The British government Wednesday slapped a new tax rate on multinational companies that seek to avoid paying their fair share to Treasury coffers.

Dec 03, 2014, 23:49 PM IST

India needs to resolve tax issues with MNCs: Gammell

India's new government needs to resolve taxation issues dogging multinational companies if it wants to encourage foreign direct investment, said Bill Gammell, who retired last week as chairman of Cairn Energy.

May 19, 2014, 12:19 PM IST

Many MNCs use profit shifting strategy to evade tax: Report

Many multinational companies operating in India and having links to tax havens use profit shifting strategies to "evade" taxes, according to a research report by Christian Aid.

Apr 01, 2013, 20:30 PM IST

Shares of MNC units spurt on hopes they may delist

Shares of the Indian units of MNCs are on the front-foot this year on investor hopes that many of their promoters may delist them in view of a government directive to increase public-holding in listed firms to a minimum of 25 percent in about a year's time.

May 07, 2012, 15:22 PM IST

Timely action saved illegal transfer of Rs 66k cr: Pranab

Finance Minister Pranab Mukherjee today said timely action by revenue authorities prevented illegal transfer of Rs 66,085 crore by multinational companies in 2010-11.

Feb 15, 2012, 00:22 AM IST