The OECD, in its publication on the Economic Outlook, identifies key metrics for the Indian macroeconomic landscape. The document identifies real GDP growth for India
“Economic theories teach us about the efficiency of markets, but when it comes to international business, it’s the inefficiencies that often create the greatest opportunities.”
Addressing entrenched inequalities permeating society, has been the concern of political justice. So though the term justice has assumed importance in the realm of political
The co-leads of the Intergovernmental Negotiating Committee (INC) of the United Nations Framework Convention on International Tax Cooperation (UNFCITC) released the first draft of the
Overview The United Nations General Assembly established the Intergovernmental Negotiating Committee, with the objective of drafting a United Nations Framework Convention on International Tax Convention
1. Is it necessary for a taxpayer to register with the tax authority? Are separate registrations required for corporate income tax and value added tax/sales
International tax regimes are based on bilateral agreements entered into by sovereign states. The templates for such treaties are those of the Organisation...
In a historic development, cargo vessels engaged in the global transportation of goods will be mandated to compensate for their carbon emissions. This...
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...