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Tax on gross income: Transocean says it pays highest income tax in India
May 02: Transocen pays the most income tax in India, it claimed
8 "With respect to the effective tax rate calculation for the three months ended March 31, 2019, a significant portion of our income tax expense was generated in countries in which income taxes are imposed on gross revenues, with the most significant of these countries being ... India."
8It is pertinent to mention here Transocean's Dhirubhai Deepwater KG1 is currently serving a drilling contract for RIL's KG-D-6 R-Series block.
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