CASC Article – Indian Safe Harbour Rules
VSTN’s recent article is on “Understanding Safe Harbour Rules: An In-Depth Analysis” coauthored by Nithya Srinivasan and Krithika Valliappan which was published in the “CASC Monthly Bulletin” for September 2024.
The attached article discusses about India’s Safe Harbour rules for transfer pricing and the evolution of these rules, their objectives, and their impact on taxpayers. The article also examines the reasons for their low adoption and suggests potential improvements to enhance their effectiveness and appeal as also mentioned in the FMs Budget speech that the scope of safeharbor rules would be expanded/revised.