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...
On May 31, US President Donald Trump proclaimed the Trade Act of 1974 re-designating India as a “beneficiary developing country” from the Generalised...
It’s time to put economics ahead of politics. The DTC has been in works for the past 18 months with intensity and the...
In July 2018, the Central Board of Direct Taxes released its Central Action Plan for 2018-19, in which it announced a plan to...
Status: Incomplete – While the Securities and Exchange Board of India (SEBI) has made some changes, meaningful reform to raise the ceiling on...
The government of Maharashtra promulgated an Ordinance on March 6, notifying a scheme for settlement of tax arrears, as a logical follow on...
‘The interim Finance Minister, in his Interim Budget 2019 speech, praised the effective implementation and success of the Goods and Services Tax.’ While...
The government’s Startup India initiative continues to receive flak as the startup ecosystem faces new hurdles, and the ‘angel tax’ controversy affects access...
There was limited guidance in the speech on how the growth engine of the economy shall propel, nevertheless it laid an ambitious vision...
India introduced the place of effective management (POEM) in its domestic law in Finance Bill of 2015 but due to lack of preparedness...
In an unprecedented move, the Central Board of Direct Taxes, in pursuance to its Central Action Plan 2018-19, has announced a scheme to...