NITI Aayog

NITI Aayog Releases Tax Policy Working Paper to Enhance Investment Climate

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NITI Aayog has launched the first working paper in its Tax Policy Working Paper Series, focusing on enhancing tax certainty and predictability for foreign investors in India. The paper addresses concerns regarding Permanent Establishment and profit attribution, aiming to create a transparent and efficient tax framework to attract Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI). Recommendations include an optional Presumptive Taxation Scheme and improved dispute resolution mechanisms, reflecting a collaborative approach to tax policy reform.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link