Indian Tribunal turns 75
It’s a matter of pride for local bars to witness India’s oldest tribunal ITAT commemorating its platinum jubilee with line up of a galaxy of speakers including President Mukherjee as the guest of honour, FM Jaitley...
ICDS – Quest for harmony
Due to divergence between ICDS and IFRS, companies have to maintain multiple books of account Source: Business Standard The Central Board of Direct Taxes (CBDT), Department of Revenue, recently operationalised a new framework for...
A more certain tax regime
Source: Business Standard The Budget sticks to the 3Cs of tax policy – certainty, clarity and consistency Amidst unprecedented expectations, Finance Minister Arun Jaitley had a wonderful opportunity as he presented the...
THE RETURN OF OPTIMISM
DESPITE THE MISSES, 2014 SAW A TREMENDOUS BUILD-UP OF EXPECTATIONS FROM THE MODI GOVERNMENT. NOW, IT SHOULD INITIATE ITS REFORMS AGENDA, VIA BUDGET 2015 Source: The Financial Express Looking back, 2014 has been amongst the most...
Dr. Shome: Taxpayer = “customer”, DTC needs “sharpening”
Taxsutra The last couple of years have been eventful on the tax policy and administration front. From GAAR to retro amendments, DTC/GST and big ticket multi-billion dollar tax litigations, India has made global headlines. The man...