We are happy to present the latest edition of Tax Trends,
SKP's Direct Tax Newsletter. This edition covers the period
from October to December 2017.
The United States (US) tax reforms are creating ripples around
the world with many countries evaluating their responses to the
effect of the US tax reforms. The most notable feature of the tax
reforms has been a massive reduction in the corporate tax rate from
existing 35% to 21% and certain measures to bring back business
operations to the US. Under Spotlight, we discuss some of the key
US tax reform proposals and their impact on the India-US trade.
The Union Budget 2018 will be announced on 1 February 2018 and
could very well bring in a slew of economic reforms. Expectations
from the Union Budgets of the present government have always been
high, and this time, the expectations are even higher. This budget
will be presented against the backdrop of the effects of economic
reforms such as the Goods and Services Tax
