Global Capability Centres: Safe harbour regime is a big hurdle in GCC growth path, say experts

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The safe harbour regime under Indian transfer pricing laws is a significant hindrance for ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/global-capability-centres” target=”_blank”>Global Capability Centres (GCCs) and India should look at achieving transfer pricing parity with some of the margin-optimised countries to be an attractive and competitive GCC destination, industry bodies and experts have said.

The industry has put forward their recommendations to the government that is drafting a national framework for GCCs announced in the union budget.

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nasscom” target=”_blank”>Nasscom said there is a need to examine existing regulations applicable to the GCCs to…



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Global Capability Centres: Safe harbour regime is a big hurdle in GCC growth path, say experts


The safe harbour regime under Indian transfer pricing laws is a significant hindrance for ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/global-capability-centres” target=”_blank”>Global Capability Centres (GCCs) and India should look at achieving transfer pricing parity with some of the margin-optimised countries to be an attractive and competitive GCC destination, industry bodies and experts have said.

The industry has put forward their recommendations to the government that is drafting a national framework for GCCs announced in the union budget.

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nasscom” target=”_blank”>Nasscom said there is a need to examine existing regulations applicable to the GCCs to…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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