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...
Hindu Business Line VODAFONE TRANSFER PRICINGBombay High Court should have looked into merits: Experts The Bombay High Court’s dismissal of Vodafone’s writ petition...
Financial Express The Bombay High Court on Friday dismissed a writ petition filed by Vodafone India that questioned the jurisdiction of a draft...
The Bombay HC dismissing the Vodafone plea has held as follows: Article 226 gives limited jurisdiction to intervene after an order is passed...
The government on Wednesday announced rules giving conditional exemption to global MNCs’ transactions with their Indian units from being questioned for suppression of...
In an effort to reduce litigation with foreign companies, the Finance Ministry has issued draft rules for safe harbours. The new rules, once...
The Draft specifies conditions under which safe harbour rules will apply for IT, ITeS, pharma sectors The income-tax (I-T) department released draft safe...
The G20 leaders’ Mexico summit of June’12 crafted the term ‘Base Erosion & Profit Shifting’ with an objective to prevent country’s tax base...
Data suggest that a tax rate increase for a few rich people puts little back into the economy compared to an across-the-board increase...
The new Companies Act is modeled after modern laws given that the extant law outlived its importance in terms of size, relevance to...
The Delhi HC has delivered path-breaking and bold verdicts, quashing proceedings initiated by CBDT and CBEC administrative guidance for assessments and subsequent denial...