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We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation in India...

The key policy changes introduced by the Government are discussed in this Ergo newsflash.

The hottest tax case in India has not been resolved just yet. On February 17, 2012, the Indian Tax Department ("ITD") filed a review petition challenging the very recent Supreme Court of India decision in Vodafone International Holdings B.V ("Vodafone BV") v. Union of India & Anr.

An annual budget is a major event in every developing country. Less developed the country; the more the changes annually – policy is often amended.

The much-awaited Union Budget 2023 is out, and it can be said that budget is focused towards growth and continues on its path of boosting capital spending which would in turn lead to job...

Budget 2014-15 has introduced tax incentives for the real estate investment trusts regime, and also provided for relaxations in foreign direct investment regime.

With a view to further incentivize the real estate sector in India, the Finance Minister has announced several policy initiatives. Banking on the success of SWAMIH Fund I , another fund (SWAMIH Fund 2) of INR 15,000 crores will be established as a blended finance facility with contributions from the Government, banks and private investors.

For NRIs managing wealth across borders, taxes are often the single biggest hurdle on returns.

Conversion of CCPS into equity shares is not a taxable transfer

While India does not currently impose an inheritance tax or estate duty, the growing global trend toward wealth taxation, along with increasing scrutiny...

•The Delhi High Court upholds the non-taxability of gains from sale of shares of overseas entities by the Copal Group to the Moody's Group.

The power of the company to purchase its own securities is known as "buy-back". A company resorts to buy-back for varied reasons such as (i) reduction of capital without reduction of control of the existing shareholders;

The much-anticipated Union Budget 2024, under the Modi 3.0 government, will be presented on 23 July 2024. Globally, various stakeholders are keenly awaiting what's in store in this year's budget.

The Indian Income Tax Act, 1961 ("ITA") contains several provisions that deal with the taxation of different categories of mergers and acquisitions.

Over the years, India has witnessed the rise of many prominent family empires. A family business generally starts with a small business being set up by a member, which is expanded...

Recently, in Acciona Wind Energy Private Limited v. DCIT (IT) Circle 1(1), the Delhi bench of the Income-tax Appellate Tribunal ("Tribunal") denied the benefit of the capital gains exemption...

Under Indian domestic tax law, capital gains earned by a non-resident on transfer of shares or interest in a foreign company which derive ‘substantial value' from underlying Indian assets are liable to tax in India.