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
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
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
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
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
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
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 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...
On December 20, 2021, the OECD released the model Anti Global Base Erosion Rules. The Model Rules (also referred to as the “GloBE”...
On August 5, 2021, the government proposed the Taxation Laws (Amendment) Bill, 2021 to amend Section 9 of the Income Tax Act, 1961...
– Mukesh Butani & Seema Kejriwal On 20 May, 2021 the first Webinar of IFA’s online series “A conversation on International Tax Practice”...
– Mukesh Butani & Kinshuk Jha As India enters its 75th year of Independence in a year fraught with trials, tribulations and resilience,...
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...
By Mukesh Butani & Tarun Jain Sovereignty’s manifestation, especially in contemporary civilisation, is shaped by pragmatism and due process. Bill of rights, constitutionalism,...
– Mukesh Butani and Shankey Agarwal A recent ruling of the Customs Excise and Service Tax Appellate Tribunal ruling has a far-reaching impact...
By Mukesh Butani & Tarun Jain The adage “old is gold” is not necessarily true, and has exceptions. The same applies to the pre-GST...
– Mukesh Butani & Aparna Raman As the Covid-19 pandemic crisis and its aftereffects continue in India and across the world, it is...