Introduction The controversy relating to the eligibility of tax treaty benefits to fiscally transparent entities has come up before courts around the world.[1] This article recapitulates
The debate to replace the extant 1961 Code has been around for over a decade, with the first serious attempt made by former finance minister,
India is one of the fastest-growing large economies in the world, helped by a demographic profile that supports its ambition to become a developed nation.
At a time when the gross domestic product growth is slowing, and domestic consumption and private investments are not displaying spirited animal trends, exports are
Outlays, outcomes, and outposts, the triumvirate of “O”s which determines major microfinance decisions is closely interlinked with an economy’s power to leverage self-sufficiency and ascendancy.
FM’s Budget speech earmarked ‘taxation’ as a dominant pillar to guide India through a reformatory phase Outlays, outcomes, and outposts-the triumvirate of ‘O’s, which determine
The National Democratic Alliance government began its third term with Budget 2024, unveiling bold policy initiatives focused on job creation, sustainable growth, and...
Govt remains steadfast in its belief that a taxpayer-friendly regime will ultimately drive long-term compliance and economic prosperity. India has seen remarkable growth...
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...