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...
Financial ExpressIn case Nokia India loses case, tax liability will be Nokia Finland’s In a major relief for Nokia India, the Delhi High...
Mint Nokia Oyj is now free to sell its Indian assets to Microsoft Corp. as part of a $7.2 billion sale of its...
Vc Circle The tax administration could have sought a charge and permitted Nokia to transfer the asset. The Delhi High Court has accepted...
FirstpostWorkers of Nokia’s Chennai’s plant welcomed the Delhi High Court order that has paved the way for the sale of the assets of...
Money control In a petition filed by Nokia against order of the tax administration to freeze all assets of Nokia in India against...
Mint, BloombergThe IT department may add penalties, interest to its current Rs2,080 crore tax demand Nokia Oyj could face an increased tax bill...
Financial Times Nokia has won a crucial reprieve in its tax battle with India’s government, with a court in New Delhi ruling that...
Whereas we still need to read the order and analyze, I was to first correct the media headline of some who instantly reported...
Business Standard India’s action is a significant step for compliance with international transparency standards on exchange of information Last week, India took a...
Taxsutra The last couple of years have been eventful on the tax policy and administration front. From GAAR to retro amendments, DTC/GST and...