Removing Ambiguities Related To Transfer Pricing

With ever increasing outsourcing and the introduction of transfer pricing rules and regulations by the Govt, enterprises are subject to conflicting rules and double taxation. So in order to get things on track the Govt in its upcoming budget should find differences in transfer pricing among selected issues and scrutinize them to identify the taxation issues which need to be addressed.

Control On Inflation

Entrepreneurship and startups have never been a priority for the government, but with India hitting a high inflation it has been quite difficult for these businesses to survive. As the Govt plans to recognize the need and value of promoting entrepreneurship in India for the next growth wave, the upcoming budget should consider getting the economy back on track, control inflation, corruption and bring out policies that boost entrepreneurship in the near future.

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