ETV Bharat / business

NITI Aayog Proposes Presumptive Taxation For Foreign Companies To Boost Investment, Ease Compliance

NITI Aayog’s new tax policy paper proposes an optional presumptive taxation regime for foreign companies to cut litigation, ensure certainty, and boost FDI inflows.

New Delhi: In an effort to curtail litigation, provide greater certainty, and facilitate compliance for multinational firms in India, the government think tank NITI Aayog has suggested an optional presumptive tax regime for foreign companies.

The suggestion was contained in the first paper of its recently released Tax Policy Working Paper Series, which was presented on Friday by B.V.R. Subrahmanyam, CEO of NITI Aayog.

If adopted, the suggestion could represent a significant change in India's t

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