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...
Source: The Financial Express While labour has been a key competitive advantage, we need to simplify laws to maintain the edge. Simplification of extant...
Source: http://forbesindia.com The World Bank has placed India twelve notches higher than last year in its Ease of Doing Business rankings for 2016....
Source: Business Standard The Organization for Economic Cooperation and Development (OECD) has unveiled the final reports on 15 Action Plans (APs). The APs are...
Source: The Hindu Business Line Besides increase in sectoral caps, simplification of procedures under FDI Policy will improve investment climate Since the launch of...
Clearly, out of the 15 Action Points (“AP”), the ones that are most crucial to India include: Action 1 – Addressing the Tax...
An implementable roadmap to realign tax rates and incentives, without disrupting the investment cycle, is going to be a tightrope walk Source: The Financial...
India must align domestic laws with international treaties Source: Business Standard A recent ruling of the Punjab & Haryana High Court (HC) in the...
The MAT controversy is a good reason for the govt to review taxation of capital markets transactions Source: The Financial Express As anticipated, the...
Source: The Hindu Business Line There’s raging controversy over how the restrictions on such transfers can be enforced Many shareholder agreements contain clauses that...
Source: Financial Express Par value refers to the fixed value that is assigned to each share issued by a private or a public...