Tapping into the burgeoning BFSI market
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The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome.
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Our healthcare and life sciences advisory team brings together a combined experience of over 50 years to help businesses navigate through changes, new...
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At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our...
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M&E practice encompasses team of dynamic professionals with deep technical knowledge and extensive experience of working across segments say television, print,...
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Tailored service offerings to Not for Profit organisations and CSR compliance services for dynamic businesses
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At Grant Thornton, we assist dynamic Indian businesses in the Real Estate & Construction sector throughout their business life cycle by offering robust...
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Income Tax
India Weighs Single Tax Treaty for Investors
15 Dec 2016
"To give effect to BEPS recommendations, countries have to modify their bi-lateral tax treaties entered into earlier, which is a lengthy , tedious and time-consuming process. Therefore, a more practical and effective approach is to agree the terms through multilateral instruments, whereby member countries, including India, can agree to and adopt certain basic covenants to give effect to BEPS, and obviate the need to amend each and every bi-lateral treaty independently . This would be a historic step at a global level to further bring in tax transparency through a single platform."
Vikas Vasal
Partner, Grant Thornton India LLP
This article apeared in Economic Times on 15th December, 2016.
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