Deloitte India - Wander City

India-based GCCs lead global shift in tax operations, says Deloitte whitepaper; 76% handling cross-border functions – Times of India

alishpagda08@gmail.com2 weeks ago03 mins

India-based Global Capability Centres (GCCs) have emerged as strategic hubs for multinational companies to manage complex global tax operations, including corporate tax, indirect tax, transfer pricing, and litigation, according to a whitepaper released by Deloitte India.The report, titled Transforming Global Tax Functions: The GCC Advantage, highlights how GCCs are evolving beyond back-office functions to offer…

Worried about salary increment amidst companies ‘muted revenue growth’? Here is what Deloitte India report said – The Times of India

alishpagda08@gmail.com4 months ago03 mins

As companies in India grapple with both global and local challenges, Companies are facing dilemma between- manage compensation budgets and salary increases in 2025 or focus on cost overrun. According to Deloitte India’s Talent Outlook 2025 report, the average salary increment for the coming year is expected to be 8.8%, slightly lower than the 9.0%…

CBDT grandfathers treaty benefits with Mauritius, Cyprus, Singapore | India News – The Times of India

alishpagda08@gmail.com5 months ago01 mins

NEW DELHI: The income tax department has come out with a fresh guidance note on applicability of Principal Purpose Test (PPT) for claiming tax treaty benefits, which will apply prospectively.The Central Board of Direct Taxes (CBDT) in its note on principal purpose test also clarified that the grandfathering provisions under the India-Cyprus DTAA, India-Mauritius DTAA…