Mukesh Butani

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Mukesh Butani

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Mukesh Butani
Author @Mukesh Butani

Mukesh Butani


Mukesh Butani is Founder & Managing Partner of BMR Legal Advocates, a boutique law firm specializing in the areas of Corporate International Tax, Transfer Pricing, GST, Customs & Trade, with expertise in litigation services, controversy management, strategic transaction advisory and policy. With specialization in domestic corporate international tax and transfer pricing, he has over three decades of experience in advising multinationals and Indian conglomerates on wide range of matters relating to FDI policy, business re-organizations, cross-border tax structuring, tax controversy and regulatory policy. He is an acknowledged expert in the area of International Tax policy, controversy & advocacy, and has to his credit several landmark judicial pronouncements. He has deposed as Expert Witness on contentious cross-border tax treaty & TP matters in foreign jurisdictions. Mukesh is a qualified Chartered Accountant and holds bachelor's degree in Commerce and Law, and practices as an Advocate before various Tribunals, High Courts and the Supreme Court of India.

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India: Legal
India: Legal

Supreme Court On GST Council: Time To Bury The Differences And Move On


Never ask questions you don’t want to know the answers to. An apt quote by Tom Krause applies perfectly in the context of the recent verdict of the Supreme Court addressing a challenge to the levy of Goods and Services Tax on...

  • Mukesh Butani
  • December 1, 2022
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India: Legal
India: Legal

Trade Talk: India’s revised trade vision is a work in progress


Notwithstanding the Ukraine crisis and its attendant effects, FY22 ended on a rather cheerful note for India’s fisc and international trade. Indian exporters did not just demonstrated Covid resilience but also posted robust...

  • Mukesh Butani
  • November 28, 2022
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India: Legal
India: Legal

‘GIFT City’ – India’s New Global Financial Services Hub Scales Up


While presenting the Union Budget for the financial year 2015-16, the then finance minister (the late Arun Jaitley) recognized the fact that, despite producing some of the brightest financial minds, India struggled to exploit...

  • Mukesh Butani
  • November 28, 2022
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India: Legal
India: Legal

India’s budget looks to tax cryptocurrencies, extending India’s tax base


India’s Union budget announced on February 1 carries key tax amendments affecting multinationals doing business in India. In response to the increasing popularity of digital assets, the budget introduced a special tax regime for...

  • Mukesh Butani
  • November 28, 2022
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India: Legal
India: Legal

By Taxing Crypto Assets, India Has Taken First Step towards Regulating This Volatile Space


The unregulated space of cryptocurrency has been largely perceived as volatile, unsafe and susceptible to untimely changes. Considering material volume of reported crypto transactions undertaken by Indians and the financial...

  • Mukesh Butani
  • November 28, 2022
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India: Legal
India: Legal

Budget 2022: Rewarding The Honest Taxpayer While Intensifying Efforts To Plug Evasion


While it is popularly heard that the only two things certain in life are death and taxes, any taxpayer for that matter would give an arm for certainty on the quantum of taxes. The stated policy of the government is a stable and...

  • Mukesh Butani
  • November 28, 2022
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India: Legal
India: Legal

India announces its budget proposals for 2022-23


When India’s Finance Minister rose before the Lok Sabha (House of Commons) on 1st Feb, 2022 to present her budget for India’s fiscal year 2022-23 (April 1, 2022 to March 31, 2023), she compressed the 284 page budget document...

  • Mukesh Butani
  • November 7, 2022
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India: Legal
India: Legal

Budget 2022: A blueprint from India @75 to India @100


The global economy has struggled in the past two years as a result of the COVID-19 pandemic. Repeated waves of pandemic, supply-chain disruptions, and, more lately, inflation have made policy shaping a challenging task. When...

  • Mukesh Butani
  • November 7, 2022
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India: Legal
India: Legal

India is finally willing to grow manufacturing at home with customs exemptions of Budget 2022


In the past decade, the Indian manufacturing and export industry has grown rapidly and taken major strides with the aim to become a manufacturing hub for products ranging from automobiles, pharma, and electronics. However,...

  • Mukesh Butani
  • November 7, 2022
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India: Legal
India: Legal

Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets


Is India anti-crypto? Is crypto a taboo? Will the government allow tax officials and investigating agencies to determine the framework for regulating and taxing cryptocurrencies? Such questions were being posed in...

  • Mukesh Butani
  • November 7, 2022
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Recent Posts


  • Supreme Court On GST Council: Time To Bury The Differences And Move On
  • Trade Talk: India’s revised trade vision is a work in progress
  • ‘GIFT City’ – India’s New Global Financial Services Hub Scales Up
  • India’s budget looks to tax cryptocurrencies, extending India’s tax base
  • By Taxing Crypto Assets, India Has Taken First Step towards Regulating This Volatile Space

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Taxation By Consensus Or By Tyranny? Harish Salve & Mukesh Butani Discuss


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