Country-by-country reporting: multinational groups must file prescribed country-level tax and entity information or notify alternate reporting arrangements. Constituent entities of international groups with non-resident parents must notify the prescribed authority whether they are the alternate reporting entity or identify the parent/alternate and their residence. Parent entities or alternate reporting entities resident in India must furnish a country-by-country report for each reporting accounting year in prescribed form, detailing aggregated country-level revenue, profit/loss before tax, tax paid and accrued, capital, earnings, employee count, tangible assets, constituent entity directory and main business activities. Indian filing obligations arise if the parent jurisdiction lacks filing obligations, an exchange agreement, or there is a systemic failure; one Indian constituent may be designated to file on behalf of others.