India: Legal
India announces its budget proposals for 2022-23
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 2022-23 (April
International Tax
Financial Express: GLoBE Rules: Making a start
On December 20, 2021, the OECD released the model Anti Global Base Erosion Rules. The Model Rules (also referred to as the “GloBE” Rules) are
India: Income Tax
Business Today – India withdraws retro tax: What Next?
On August 5, 2021, the government proposed the Taxation Laws (Amendment) Bill, 2021 to amend Section 9 of the Income Tax Act, 1961 (ITA). It
India: Income Tax
Kluwer International Tax Blog: Global Experts debate Landmark Transfer Pricing Cases in IFA Webinar
– Mukesh Butani & Seema Kejriwal On 20 May, 2021 the first Webinar of IFA’s online series “A conversation on International Tax Practice” was held. Chaired by Robert
India: Income Tax
The Financial Express – Taxpayer rights: Seeking a new dawn for nation-builders
– Mukesh Butani & Kinshuk Jha As India enters its 75th year of Independence in a year fraught with trials, tribulations and resilience, there are
International Tax
Mint: We will eliminate double taxation, says OECD tax chief
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 OECD’s Center
India: Legal
The Financial Express: Retrospective Tax Law: Good riddance to a bad taxation approach
By Mukesh Butani & Tarun Jain Sovereignty’s manifestation, especially in contemporary civilisation, is shaped by pragmatism and due process. Bill of rights, constitutionalism, an independent
India: Legal
Bloomberg|Quint – CESTAT Order: Onerous GST Burden On PE And VC Funds
– Mukesh Butani and Shankey Agarwal A recent ruling of the Customs Excise and Service Tax Appellate Tribunal ruling has a far-reaching impact on private
India: GST
The Financial Express – GST: End hibernation on dispute resolution
By Mukesh Butani & Tarun Jain The adage “old is gold” is not necessarily true, and has exceptions. The same applies to the pre-GST indirect tax
India: Legal
Bloomberg Quint – India And Post-Pandemic Bilateral Investment Treaties
– Mukesh Butani & Aparna Raman As the Covid-19 pandemic crisis and its aftereffects continue in India and across the world, it is expected that