Overview LegislationWhat is the relevant legislation relating to tax administration and controversies? Aside from legislation, are there other binding rules for taxpayers and the tax
The Indian Union government will announce its Budget 2024-2025 on July 23. This will be the first full budget to be released by the Modi
Introduction The anti-profiteering law[1] under the Goods and Services Tax law (‘GST’) in India has been a subject matter of debate since the time GST was
The use of artificial intelligence (AI) in the field of tax compliance is not something outside the usual canons and principles of legal application and
Buoyed by a transcendental approach to propel India towards “all-round, all-pervasive, and all-inclusive development”[1], India’s Finance Minister, Ms Sitharaman heralded the interim budget, reinvigorating the
The Goods and Services Act, 2017 (act), came into force accompanied by concerns whether businesses would pass on its tax benefits to consumers. Keeping its
In the ruling administration’s last full budget before India goes to the polls, India’s Finance Minister, Ms Sitharaman, laid out the government’s vision...
Foreign Direct Investment (FDI) in India has greatly increased in the past decade, particularly after the pandemic. This has led to more cross-border...
As India pursues its ambition of becoming a USD30 trillion economy by 2047, it needs to understand the different tax policies of developing...
Never ask questions you don’t want to know the answers to. An apt quote by Tom Krause applies perfectly in the context of...
India’s Union budget announced on February 1 carries key tax amendments affecting multinationals doing business in India. In response to the increasing popularity...
The unregulated space of cryptocurrency has been largely perceived as volatile, unsafe and susceptible to untimely changes. Considering material volume of reported crypto...
While presenting the Union Budget for the financial year 2015-16, the then finance minister (the late Arun Jaitley) recognized the fact that, despite...
While it is popularly heard that the only two things certain in life are death and taxes, any taxpayer for that matter would...
Notwithstanding the Ukraine crisis and its attendant effects, FY22 ended on a rather cheerful note for India’s fisc and international trade. Indian exporters...
During the Great Depression, the renowned economist, JM Keynes advised the government to increase public spending. This would counter recessionary trends, inject liquidity...
Is India anti-crypto? Is crypto a taboo? Will the government allow tax officials and investigating agencies to determine the framework for regulating and...
In the past decade, the Indian manufacturing and export industry has grown rapidly and taken major strides with the aim to become a manufacturing hub for products...