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NEW DELHI, Oct 3: The Government think tank Niti Aayog on Friday suggested the introduction of a presumptive taxation scheme for foreign companies to provide certainty and simplicity. The Aayog, in a working paper, said the optional presumptive taxation scheme would help resolve disputes concerning PE (permanent establishment), simplifying compliance and protecting revenue. "The proposed presumptive taxation scheme is a proactive and pragmatic solution to a long-standing problem. "It balances ...Read More >
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