One Step Towards a Non-Adversarial Tax Regime: Safe Harbour Rules in India

The Indian government introduced safe harbour rules in 2013, which were revised in 2017 to align with the OECD Base Erosion and Profit Shifting (BEPS) Project, with the objective of easing the process of doing business and to achieve a non-adversarial tax regime in India. The author provides guidance on the safe harbour rules in India, as well as the thought process behind making amendments in the safe harbour provisions.