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Which industry is most targetted for TP by the authorities?

Pharmaceutical
33%
Hi-Tech
19%
Automotive
17%
Financial Services
31%
Telecommunications
0%


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Revenue Watch: India

October 09, 2007

Hardev Singh, senior manager in the transfer pricing department at KPMG India, looks at the efforts of income tax and customs departments to achieve consistency from multinationals.

The Indian transfer pricing legislation and administrative mechanism has been in place for approximately seven years and the authorities have achieved some success in the administration of this legislation.

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