April 20 2021

India Increases Threshold for Country-by-Country Reporting

Source: IBFD Tax Research Platform

The Central Board of Direct Taxes has increased the threshold for international groups in India required to comply with country-by-country reporting requirements from INR 55 billion to INR 64 billion of consolidated group revenues effective 1 April 2021.

Full details are available in Notification No. 31/2021 of 5 April 2021.