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
EY
The EY US dispute: why secondment structures need fresh Indian review
Tax advisers should revisit India secondment arrangements after the EY US ruling strengthened the Centrica precedent and raised fresh withholding concerns
Aditi Goyal, July 16 2026
Direct Tax
OECD
Pillar two revenues lower than anticipated, OECD admits
Despite the shortfall, effective tax rates of multinationals have seen a ‘statistically significant rise’
Sam Sholli, July 15 2026
Direct Tax
Stuart Alter.jpg
Behind the hire: Stuart Alter on developing Milbank’s fund formation practice
After joining Milbank from Akin Gump, the fund tax specialist discusses sponsor demand, practice building, and the tax challenges facing asset managers
Tom Baker, July 15 2026
Direct Tax
kpmg.jpg
KPMG Australia set to axe hundreds of jobs amid scandal: AFR
Partner payouts could also be reduced by a fifth, it has been reported
Sam Sholli, July 14 2026
Direct Tax
Europe USA negotiations
US trade body criticises ‘inconsistent’ EU pillar two exemption
There is no logical reason not to extend an exemption from EU CFC rules to multinationals headquartered in side-by-side jurisdictions, USCIB said
Sam Sholli, July 14 2026
Direct Tax
Merger international
Beyond the headlines: Why tax is moving up the merger agenda
While rarely the sole driver of a combination, tax is becoming an increasingly important part of firms' efforts to keep up with client expectations
Sam Sholli, July 13 2026
Transfer Pricing
ai-generated-8124241.jpg
A taxing week: Why delegating document work to LLMs is riskier than you think
New research, which suggests LLMs can silently corrupt complex documents, should alert tax and legal teams relying on AI to handle iterative drafting and compliance workflows
Marc Mokrab, July 10 2026
Direct Tax
Downing street large
PM-in-waiting Burnham unlikely to deviate from tax agent registration: experts
Maintaining increased funding for HMRC is a ‘high possibility’ if he becomes PM, ITR has also heard
Sam Sholli, July 09 2026
Awards
itr europe awards 2026 col@4x.png
ITR Europe Tax Awards 2026: shortlist announced
ITR is delighted to reveal all the shortlisted nominees for the 2026 Europe Tax Awards
John Harrison, July 09 2026
Direct Tax
handshake
Charles Russell Speechlys enters US with private client splash
The firm has hired a team of private client lawyers from Withers to launch in New York and Connecticut, though ITR analysis suggests it faces stiff competition
Sam Sholli, July 08 2026
Gift this article