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Switzerland Withdraws MFN Status from India: What It Means for Indian Businesses – Industry News

Switzerland Withdraws MFN Status from India: What It Means for Indian Businesses – Industry News

Switzerland has decided to withdraw the Most Favoured Nation (MFN) status granted to India, a move that will have significant tax implications for Indian companies operating in the European nation. This decision comes after an adverse ruling from the Indian Supreme Court regarding a tax dispute involving Nestlé, the Swiss food giant headquartered in Vevey....