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Switzerland Withdraws MFN Status For India: What’s Next For Indian Businesses

Switzerland Withdraws MFN Status For India: What’s Next For Indian Businesses

Switzerland Withdraws MFN Status For India: What’s Next For Indian Businesses (Image Source: Pixabay) New Delhi: Switzerland has decided to withdraw the Most Favoured Nation (MFN) status granted to India, leading to higher taxes for Indian businesses operating in the country. Starting January 1, 2025, Indian companies will face a 10 per cent withholding tax...