Nevertheless, for the past three years, it has made almost no progress in removing myriad non-tariff barriers to intra-group trade.

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Effective communication is an essential component of professional success whether it is at the interpersonal, inter-group, intra-group, organizational, or external level.

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For companies that have barely bothered their heads about intra-group prices or interest rates, keeping track, and being able to prove it, will be a real hassle.

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Moreover, a number of countries permit intra-group structures generating large local deductions for interest and royalties, thereby significantly lowering the tax costs of business operations in their countries.

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The process, known as netting, allows approved companies to consolidate intra-group payments and receipts into a single, "netted, " amount, significantly reducing the time and cost of processing each individual payment.

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At fault, Professional Contractors Group council member Gurdial Rai told the Times of India, was the Intra-Company Transfer (ICT) scheme, which allows companies to move staff between countries as long as they stay with the same firm.

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