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...
Although Parliament has passed the Bill in its original form, a debate before the judiciary on certain provisions cannot be ruled out. Here...
Despite counter pulls, the two nations will find ground for common economic interests Source: The Hindu Business Line With a thumping win in...
Source: The Economic Times After the elections in several key states, the BJP finds itself in a sweet spot. The victories appear to...
Source: Forbes India While political pundits are tagging the recent elections results as a referendum on demonetisation, the outcome augurs well for the...
Source: Financial Express The people of India have decisively voted for a change”, was FM Jaitley’s opening statement in his maiden Budget speech,...
Source: Business Standard Marking a new beginning in India’s approach to the annual budgetary exercise, the finance minister tabled the Economic Survey followed...
Source: Business Standard Finance Minister Arun Jaitley presented his fourth Budget amidst poetry couplets reminiscing Mahatma Gandhi saying “A right cause never fails”...
Phasing out of the FIPB which over a period of time has lost its relevance, will cut a layer of red tape Source:...
Window dressing by holding back refunds, appeal effects, etc, in the last quarter of the fiscal to achieve budgeted figures and postponing them...
Source: Forbes India It will be interesting to see how the government balances three expected priorities: Focus on welfare schemes, interests of the...