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The Finance Minister, Arun Jaitley, unveiled the Union Budget 2018 in the Parliament on 1 February 2018.

The Central Government, on May 26, 2015, had enacted the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (the "Black Money Act")...

THESE are taxing times indeed! The global shift on clamping down on base erosion/profit shifting has the recently amended India-Mauritius tax treaty to add to its list.

On 13 October 2026, the Government of India notified the protocol amending the India-Mauritius tax treaty (Protocol) which was signed on 7 March 2024 (Notification)1. As per the Notification, the Protocol entered into force on 10 August 2026, pursuant to which all transactions undertaken on or after 10 August 2026 will be subject to the Principal Purpose Test (PPT).

SKP's flagship publication that captures key developments in the areas of Tax and Regulatory.

The Union Budget 2023 – 24 was expected to provide the guard rails for the Indian Economy amidst a global slowdown, and to avoid recessionary effects on the country.

The Securities and Exchange Board of India recently introduced the final regulations for real estate investment trusts (REITs) and infrastructure investment trusts.

The Union Budget, 2023 has been presented in the backdrop of a volatile geopolitical and economic environment.

In a recent ruling, the Hyderabad Income Tax Appellate Tribunal has, in the Vertex Projects case, held that if shares are received in a scheme of amalgamation by an amalgamated company being less than the fair market value...

Pursuant to the signing of the third protocol (Protocol) amending the India-Singapore Tax Treaty (Treaty) on 30 December 2016, the text of the Protocol has now been officially released...

In M/s HDFC Property Fund v Income Tax Officer, the Mumbai bench of the Income Tax Appellate Tribunal has, through an order dated 28 February 2019, ruled in favour of the taxpayer, a SEBI registered Venture Capital Fund ...

The Finance Bill 2021 has proposed that goodwill of a business or profession will not be considered as a depreciable asset.

On 24 March 2020, the Hon'ble Finance Minister announced several compliance related relaxations to ease the compliance burden on business community which was followed by a press release.

In the Ayodhya Rami Reddy Alla (the "Taxpayer") case, the Telangana High Court (the "THC") held that, while considering a tax avoidance device, the proper way to construe a taxing statute...

The Income Tax Appellate Tribunal , in the case of Emami Infrastructure Limited v ITO Ward 12 (1) Kolkata, has upheld the capital gains tax exemption to a company arising on transfer of capital assets...

Cross-border M&A transactions routinely involve offshore holding structures. A typical exit involves selling shares in a foreign holding company whose value is substantially derived from operating businesses in another jurisdiction, such as India.

The Finance Bill, 2017 which was presented by the Finance Minister in the Indian Parliament on 1 February 2017 (Original Bill) has been amended by the Lok Sabha (Amended Bill).