India’s Budget brings long-awaited interquartile range

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

India’s Budget brings long-awaited interquartile range

Sophie Ashley
July 09 2014

Taxpayers in India will be rejoicing about the new transfer pricing measures introduced in the budget today by Finance Minister, Arun Jaitley, which include being able to apply the inter-quartile range to arm’s-length pricing and the use of multiple-year data for the selection of comparable prices.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

NewsRegulationIndiaTransfer PricingAsia-PacificJurisdictions
SA
Sophie Ashley
Contact
Sophie Ashley worked at ITR between 2010 and 2015
more across site & shared bottom lb ros

More from across our site

Direct Tax
What Corporates Want 2025 840x473 article header (1).png
A taxing week: DEI was slipping down the US agenda with or without Trump
Exclusive ITR data emphasises that DEI does not affect in-house buying decisions – and it’s nothing to do with the US president
Tom Baker, February 13 2026
Direct Tax
Close-up of handshake of businesswoman and businessman
This week in tax: McDermott, BakerHostetler bolster US tax partner benches
The firms made senior hires in Los Angeles and Cleveland respectively; in other news, South Korea reported an 11% rise in tax income, fuelled by a corporation tax boom
Sam Sholli, February 13 2026
Direct Tax
UN large
Tax Justice Network slams ‘shameless’ ICC report amid UN negotiations
The ‘deeply flawed’ report is attempting to derail UN tax convention debates, the Tax Justice Network’s CEO said
Sam Sholli, February 12 2026
Transfer Pricing
Morgan Lewis
Morgan Lewis lures Baker McKenzie’s Americas tax leader in Washington DC
Salim Rahim, a TP specialist, had been a partner at Baker McKenzie since 2010
Sam Sholli, February 12 2026
Transfer Pricing
OECD
‘Aspirational’ MAP manual should be ‘go-to’ for taxpayers: OECD expert
While the manual should be consulted for any questions around MAPs, the OECD’s Sriram Govind also emphasised that the guidance is ‘not a political commitment’
Sam Sholli, February 11 2026
Direct Tax
India Mauritius
Tiger Global analysis part 2: GAAR, JAAR and treaty benefits
The landmark Indian Supreme Court judgment redefines GAAR, JAAR and treaty safeguards, rejects protections for indirect transfers and tightens conditions for Mauritius‑based investors claiming DTAA relief
Sanjay Sanghvi, February 11 2026
Direct Tax
Internal Revenue Serice Sign
IRS expands Tax Pro Account digital tool
The expansion introduces ‘business-level digital capabilities’ for tax professionals, the US tax agency said
Sam Sholli, February 10 2026
Direct Tax
Financial research,government taxes and calculation tax return c
The foundations of successful tax transformation
As tax teams face pressure from complex rules and manual processes, adopting clear ownership, clean data and adaptable technology is essential, writes Russell Gammon, chief innovation officer at Tax Systems
Russell Gammon, February 09 2026
Direct Tax
Piranha Photography - Corporate Photographer London
‘Our growth is fantastic’: Ryan leader on firm’s appeal amid expansion
Partners want to join Ryan because it’s a disruptor firm, truly global and less bureaucratic, Tom Shave told ITR
Sam Sholli, February 09 2026
Direct Tax
mark carney.jpg
A taxing week: Carney’s Davos speech could inspire a challenge to US tax dominance
If Trump continues to poke the world’s ‘middle powers’ with a stick, he shouldn’t be surprised when they retaliate
Sam Sholli, February 06 2026
Gift this article