On August 5, 2021, the government proposed the Taxation Laws (Amendment) Bill, 2021 to amend Section 9 of the Income Tax Act, 1961 (ITA). It
– Mukesh Butani & Seema Kejriwal On 20 May, 2021 the first Webinar of IFA’s online series “A conversation on International Tax Practice” was held.
– Mukesh Butani & Kinshuk Jha As India enters its 75th year of Independence in a year fraught with trials, tribulations and resilience, there are
We need to design the rules on global minimum taxes for implementation, to finalize this political agreement by October, says Pascal Saint-Amans, Director of OECD’s Center
By Mukesh Butani & Tarun Jain Sovereignty’s manifestation, especially in contemporary civilisation, is shaped by pragmatism and due process. Bill of rights, constitutionalism, an independent
– Mukesh Butani and Shankey Agarwal A recent ruling of the Customs Excise and Service Tax Appellate Tribunal ruling has a far-reaching impact on private
During the Great Depression, the renowned economist, JM Keynes advised the government to increase public spending. This would counter recessionary trends, inject liquidity...
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...
“When digital transformation is done right, it’s like a caterpillar turning into a butterfly, but when done wrong, all you have is a...
The Finance Minister’s announcements on February 1, 2021 have been large and widespread. There are substantial changes in the text of tax laws...
Introduction The Budget speech of the finance minister makes a declaration in para 82 that the government will “ensure faster resolution of cases”....
The tax measures outlined in the Budget 2021 had the stated objective of providing greater clarity and making India’s tax regime transparent and...
This article captures tax implications for the international business community, in so far as the proposed changes announced in India’s budget for financial...
Finance Minister Nirmala Sitharaman has stayed in tune with the Narendra Modi government’s commitment towards making India’s tax regime taxpayer friendly. Importantly, tax...
The Budget balances macro-economic reforms and public policy areas Late president APJ Abdul Kalam in his vision document, India 2020, envisioned India as...
Given the difficult balancing act of pushing growth and ensuring fiscal discipline, it is rare for a finance minister to get enough headroom...
Delivered on an extraordinary occasion which is bound to test the mettle of any Finance Minister – and thus both an onerous responsibility...
The Indian government today announced its budget proposals for 2021–22, including several key budget proposals that affect international taxation. The proposed amendments suggest...