Mukesh Butani

Union Budget 2024: A commitment to tax certainty

The introduction of the tax dispute settlement scheme promises a transformative impact on India's tax landscape

Tax proposals a mixed bag

Unlike recent Budgets, this year most taxpayers are in for a pleasant surprise with rationalisation of rates and slabs, which reduce the effective tax burden. In balance, it's a mixed bag

Interim Budget 2024-25: A turning point for investment treaties

This judgment opened the floodgates, and various similar claims were raised against the government asserting the investor's rights under other BITs

Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets

The move, though limited to income tax, has sent the ball rolling for a regulatory framework of crypto assets

A driver of economic revival

The finance minister must be appreciated for resisting the temptation to increase taxes

GST: An unappreciated reform

The cascading effect of taxes owing to crisscross and delinked taxes, which were officially acknowledged but never addressed, is a thing of the past

SC's struggles with 'unruly horse' of public policy in foreign awards

The Nafed-Alimenta judgment shows it might perhaps be time for Parliament to intervene and clarify the notion of public policy in the context of foreign arbitral awards

Move petroleum to GST: The time is now

The health crisis is a moment of reckoning and an opportune time to revisit GST policy-design

Vivad se Vishwas: Let this be the last scheme

We need innovative solutions to address tax litigation

Nirmala Sitharaman's Budget 2020: Trust, the new mantra in tax policy

The Centre's commitment to reduce harassment of a sound taxpayer reaffirmed

An ordinance tax boost

Short-term focus shifts to what extent the new measures will impact the fiscal deficit, accelerating non-tax revenue of the government

Amendments to the IBC: Correcting judicial errors

The operational creditors cited the NCLAT's decision on July 4, 2019, in Standard Chartered Bank vs Satish Kumar Gupta, R P of Essar Steel

A path to $5-trillion economy

The Budget focused on redistribution of wealth with tax administration reforms

India's GSP status: US' attempt to leverage

The US actions go far beyond its stated objective to correct the trade imbalance; a situation dissimilar to China

Let's get serious about new tax code, put economics ahead of politics

The Direct Tax Code is expected to contain a single legislation and replace frameworks like the Income Tax Act, Wealth Tax Act.

Tribunalisation of GST justice necessitates tweaks

The inconsistency in the execution of the appeal mechanism as contemplated in the statute needs to be set right at the earliest, both at the Centre and the state level

Give Insolvency and Bankruptcy Code a chance

The Code is not a remedy for creditors to pursue their individual rights; it is a symbiotic mechanism for all stakeholders

Budget 2018: 'One size fits all' sows seeds of initiatives in key sectors

India is already enjoying the reputation of being the first country to impose Equalisation levy

Why India's capital gain regime needs a change

The Indian capital gain regime needs to address simplicity, stability and predictability, says the author

Making room for big ideas on taxes

The new tax code should aim at widening the tax base with bold actions