Month: August 2020

Meaning of MLI:- Multilateral Instrument is designed to prevent the BEPS (Basic Erosion and Profit Shifting). It can be said as MLI is a formal term with the aim to prevent the Basic Erosion and Profit Shifting UNDER International Taxation. Functioning of MLI MLI implement the TAX Treaty measures that were formed through the BEPS … Read more

In 1991, the New Economic Policy (NEP) is launched, one of the important parts of this policy is globalization by which economies of various countries came across for trade. Through globalization came into effect various cross border transactions has incurred. Now by globalization and liberalization, the whole world becomes a new village. Integration between economies … Read more