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okezone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from okezone.com Daily Mail and Mail on Sunday newspapers.


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Additional tax likely for MNCs importing raw materials

Some traditional companies that do not have a PE in India could also find themselves embroiled in the new tax framework, tax experts said. These firms may have to pay up to 42% of their income in taxes in the country, up from nil now.

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