Taxpayers have long criticised India’s tax laws and many argued that they needed to be brought up-to-date to cope with India’s burgeoning economy. And with next April heralding the introduction of the new Direct Taxes Code, Rajendra Nayak of Ernst & Young India discusses the challenges taxpayers will face once the new law is enacted.
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The OECD’s project was up for debate as Matt Williams spoke to ITR following BDO’s tax strategist survey, which uncovered increased complexity and costs among multinationals