Indian taxpayers face challenging future
August 10, 2011
Next year will herald a widescale period of change for tax in India. It will force tax directors from domestic and international companies to completely reconsider their strategies and to seek efficiencies at all levels of their company's tax affairs.
An all-new tax law, greater international cooperation, GAAR, and the ever-present litigation threat are just four critical concerns taxpayers will have to contend with. They will have to become adept at identifying the best methods to migrate to the new systems while deriving the most tax benefits. Every part of a business's tax operation is being examined.
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