You are here

Tax tiffs cast a cloud over foreign companies in India

Mr Jaitley plans to lower the corporate tax rate to 25 per cent from 30 per cent over the next four years.


FOREIGN companies tempted by India's call to scale up manufacturing in Asia's third-largest economy need to consider one big potential headache: tax.

Nokia OYJ, Vodafone Group Plc, Cairn India Ltd and Cadbury chocolate maker Mondelez International Inc are among those...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to