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The Budget continues the Government's commitment to strengthening India's start-up ecosystem by boosting funding, encouraging innovation and bringing in simplification.

The process of starting a business has evolved significantly over the last decade. Entrepreneurs are no longer treating business formation as a simple registration exercise.

The Delhi Tribunal's recent ruling in Paul Wurth Italia has reshaped the application of the force of attraction rule under tax treaties, emphasizing that a permanent establishment's mere existence cannot justify taxation of all source-country profits. This decision marks a critical shift toward requiring demonstrable factual and functional nexus between the PE and disputed income, signaling a more restrained interpretation of this contested principle in international taxation.

As the Modi Government 2.0 presents its first budget of the new decade, there have been a lot of deliberations around various measures that may be looked at for providing...

The Union Budget 2024-25, presented on July 23, 2024, is a strategic blueprint designed to enhance India's economic resilience and foster inclusive growth.

BEPS 2.0, a transformative global tax reform initiative, introduces a two-pillar approach to address the challenges of international taxation in our digitally connected world.

The reduction in penalty upto or equal to 100% will only be considered, if at the time of the application, no other applicant has been granted such benefit by the CCI.

The Central Government (CG) has extended levy of anti-dumping duty on Polytetrafluoroethylene (PTFE) falling under tariff item 3904 61 00 of the First Schedule to the Customs Tariff Act, 1975 originating in, or exported from, Russia until 2 May 2016.

There is no change in the Tax slab for the financial year 2016-17 for individuals (including senior and super senior citizens), Hindu Undivided Family (HUF), co-operative societies, firms and Local Authorities.

In December 2015, the Central Board of Direct Taxes (CBDT) issued draft guidelines for determination of 'Place of Effective Management' (POEM) of a foreign company (Draft Guidelines) and had invited comments and suggestions from the stakeholders.

The requirement to account for Value Added Tax (VAT) on services received from abroad has been deferred until further notice.

Tax is a financial charge or other levy imposed upon a taxpayer i.e. an individual or legal entity by state or...

Buybacks, often employed to return capital to shareholders and improve financial ratios, have historically been favored for their tax efficiency compared to dividends.

Kolkata Tribunal Special Bench Ruling – Whether an arm's length price adjustment was required to be made in respect of interest free loan granted by the assessee, a non-resident company, to its wholly owned subsidiary in India?

Huge relief to taxpayers in terms of providing for procedural mechanisms to effectuate foreign tax credit as envisaged under the Income Tax Act and Double Taxation Avoidance Agreements.

As the Modi Government prepares to present its last complete budget before the 2019 general elections, we reflect on the current fiscal year and evaluate the key target areas for the financial and tax reform proposals of ‘Budget 2018'.

By insertion of this sub-clause, the payment of interest as specified in new Sec. 194LC has been made taxable at the rate of 5% with effect from 1st July, 2012.