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November 14, 2011
Sophie Ashley - TPW
This year’s final figure of Rs44,500 crore ($8.9 billion) for transfer pricing adjustments in India is more than double last year’s total.
While the figure falls short of estimations by about $1 billion, the amount shows that the efforts of the revenue authority have been strengthened, with big-name multinationals coming in at the top of the list.
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