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MNcs News

22 Apr 2017

Earth Day: Students, environmentalists, MNCs join chorus to save planet

He hoped that this year`s theme of "Environmental and Climate Literacy" would help in creating awareness about protecting nature and natural resources.

Pranab Mukherjee

14 Apr 2017

India should aspire to become global power of happiness: President Pranab Mukherjee

President Pranab Mukherjee on Friday underscored the need for India to be a global powerhouse not just in terms of economic parameters but also 'Gross National Happiness'.

10 Feb 2016

I-T dept identifies up to 5,000 MNCs late on tax payments

Income Tax Department has identified 4,000-5,000 foreign companies based in this megapolis that are not paying taxes on time, including due to tax disputes, and expects to soon recover from them dues totalling nearly Rs 8,000 crore.

Multinational Companies

21 Jan 2016

MNCs beat Indian companies as preferred place to work: Survey

Multinational companies (MNCs) beat Indian firms as preferred place to work, as nearly 88 percent employees working with domestic firms, if offered a choice, would like to switch to international organisations, says a survey.

15 Feb 2015

FM Jaitley to set threshold for taxing indirect share transfer by MNCs

Finance Minister Arun Jaitley is likely to introduce the threshold to establish whether a overseas company has substantial business interest in India.

Multinational Companies

02 Feb 2015

MNCs may have to disclose details of HQ ops to I-T dept

Multinational companies operating in India will soon have to disclose details of their operations at the country of residence and their revenue income to the Income Tax authorities.

23 Jan 2015

Second French suspect charged over Luxleaks tax probe

A second French suspect was charged Friday with theft and money-laundering in ongoing investigations into the leaking of secret tax avoidance deals between Luxembourg and multinational companies, a scandal dubbed Luxleaks.

03 Dec 2014

Britain launches new 'Google tax' on multinationals

The British government Wednesday slapped a new tax rate on multinational companies that seek to avoid paying their fair share to Treasury coffers.

Cushman & Wakefield

09 Sep 2014

MNCs buy offices worth Rs 2,470 cr in India

Multi-national firms have invested nearly Rs 2,500 crore in under three years to buy office space in India as against leasing it, property consultant Cushman & Wakefield said.

04 Jul 2014

EU widens tax probe into multinationals

Luxembourg is used by many multinationals including online retailer Amazon, building equipment maker Caterpillar and UK mobile telecoms group Vodafone.

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