The High Court verdict is a sigh of relief for taxpayers and tax practitioners
An important event which will be keenly watched is the first reporting compliance trigger
The govt has to test the robustness of the GSTN portal before it is released for public testing
The Income Declaration Scheme was a triumph. India stands to gain as global tax policies converge towards the source-based taxation principle. But can India unearth unaccounted wealth from overseas so
Tax certainty is a significant concern for FIIs, especially in the case of mutual fund FIIs that have a wide investor-base
A slew of proposals have got unprecedented attention in this Budget
In recent years, India has embraced a tax policy stance that is contemporary and driven by best practices
The law, at present, is replete with a complex web of cross-references, often causing confusion
India must align domestic laws with international treaties
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms
Due to divergence between ICDS and IFRS, companies have to maintain multiple books of account
New rule leaves room for discretion in determining whether a foreign company can be said to be resident in India
The Budget sticks to the 3Cs of tax policy - certainty, clarity and consistency
The FM has signalled financial sector and capital market reforms by committing to implementing recommendations of the Financial Sector and Legislative Reforms Commission
To some extent, the AP High Court has settled the debate in favour of the taxpayer in the case of Sanofi
The verdict serves as reference for invoking treaty abuse provisions in the absence of General Anti-Avoidance Rules
Finance minister tries to put house in order before reforms are unveiled in February
The first important deliverable for the new administration will be to roll out a credible budget
Questions arise in the context of India's obligations towards its tax treaty partners