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...
To boost the startup ecosystem, Budget 2020 proposes to ease the burden of taxation on the employees by deferring the tax payment on...
There is lot in fine print by way of amendments to several statutes including benami transactions and duty laws. Fine print apart, there...
The ArcelorMittal saga finally achieved quietus on November 15, 2019. Its resolution plan for rehabilitating Essar Steel was blessed by the apex court....
While the trade policy mandarins of the GoI will look for solutions, the message is clear—time is up for dole-outs for promoting exports,...
As part of the monetary and fiscal measures for reversing the recent economic trends, on Friday the Finance Minister announced the biggest of...
The operational creditors cited the NCLAT’s decision on July 4, 2019, in Standard Chartered Bank vs Satish Kumar Gupta, R P of Essar...
Short-term focus shifts to what extent the new measures will impact the fiscal deficit, accelerating non-tax revenue of the government Though there have...
A senior official at the finance ministry remarked a day after the budget that the most complex part of the Finance Bill proposals...
In a week, the nation will be celebrating the second anniversary of landmark tax reform, the Goods and Services Tax Act. It is...
As the next government considers what the next five years of the reform agenda should look like, tax reforms will, inevitably, play a...