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...
Last week, the PM unveiled the Taxpayer Charter with a twin-fold document containing 14-point obligations of the Revenue and 6-point duties of the...
The debate on Goods and Services Tax compensation for states, earlier discussed in hushed tones, has now assumed centerstage. It was expected that...
The Taxpayer Charter unveiled by the Hon’ble Prime Minister Narendra Modi today marks an important milestone in our nation’s history. It enjoins the...
Frustrated by the slow pace of discussions and anxious to mobilise revenue considering the Covid-19 pandemic, several countries have taken unilateral measures to...
Like most domestic laws and bilateral treaty networks that were established prior to the digital revolution, the international tax regime was built for...
Two key issues that will engage the attention of policymakers are the tax rates and the dispute settlement mechanismIt’s been a year since...
Traditional international tax law principles fail to account for the developments in technology that allow businesses to cater to market jurisdictions remotely In...
There appears to be a common wish list for all stakeholders in the new economic paradigm—that the Goods and Services Tax (GST) Council...
Days before the nationwide lockdown was announced, as part of the passage of the Finance Act 2020, Parliament proposed an ‘equalisation levy’ on...
The suspension of the Insolvency and Bankruptcy Code proceedings is grounded in preventing many liquidations which could burden the National Company Law Tribunal...