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Mukherjee emphasises Indian focus on transfer pricing

June 15, 2011

Sophie Ashley - TPW

Pranab Mukherjee, India’s finance minister, said transfer pricing is robbing developing nations of scarce natural resources.

It is not the first time Mukherjee has vowed to tighten transfer pricing rules and gain control of illicit outflows of money but, in his opening speech to a joint seminar between the Indian government and the OECD on Monday, he called for strong measures.

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