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  • Article

    Protocol Amending The India-Mauritius Tax Treaty- Highlights

    India and Mauritius have been engaged in protracted negotiations over the terms of the India-Mauritius tax treaty over the past few years.
    IndiaTax
    Shardul Amarchand Mangaldas & Co
    Shardul Amarchand Mangaldas & Co
  • Article

    Withholding Tax Default Bites The Payer After 10 Years

    A division bench of the Hon'ble Allahabad High Court upheld recovery proceedings initiated against the payer for failure to withhold taxes from the payment which was made to a 'non-resident' 10 years ago.
    IndiaTax
    Khaitan & Co.
    Khaitan & Co.
Article

Choosing Between An Indian Subsidiary And A Foreign Company's Place Of Business

For an overseas business entering India, the first legal decision is not what to sell but how to be present. A liaison office, a branch, a project office and an Indian subsidiary each decide what the business may do in India, which regulators it answers to and how it is taxed.
IndiaCorporate/Commercial Law
Legitpro Law
Legitpro Law
  • Article

    Direct Tax Alert: Ad-hoc Year-end Provisions Attracts Tax Withholding

    As per general accounting principles, under mercantile system of accounting, provisions need to be created in respect of expenses which have been accrued in order to have a true and fair picture of the financials.
    IndiaTax
    BDO India LLP
    BDO India LLP
  • Article

    Highlights Of The Interim Budget 2019

    As expected, the budget has been populist, where many sops have been provided to middle-class tax payers and farmers.
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Non-resident Taxpayers To Prepare Separate Transfer Pricing Documentation; Cannot Rely On Documentation Prepared By Its Indian Counterpart: Delhi Income-tax Tribunal

    Transfer pricing has been one of the most litigated areas of taxation – not only in India but globally.
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Applicability Of Sec 194-IC On Transfer Of Land Or Building Or Both Being Capital Asset

    Sec 194-IC is a withholding tax provision wherein it specifically deals with the deduction of tax at source (hereinafter referred as "TDS") on transfer of land or building or both by resident (hereinafter referred as "Act").
    IndiaReal Estate and Construction
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Global Capability Centre (GCC) In India

    Global Capability Centres (GCCs), also known as Global In-house Centres (GICs) or captive centers, have become a cornerstone of India's IT and IT-enabled services (ITES) sector.
    IndiaTax
    Tax Compaas
    Tax Compaas
  • Article

    Onshoring The Offshore - A Gift To Indian Innovators

    Indian startup ecosystem has evolved considerably since the early days of economic liberalization. The startup ecosystem has become an engine of growth and job creation...
    IndiaTax
    CMS INDUSLAW
    CMS INDUSLAW
  • Article

    Withholding Tax On Technical Fees And Royalty Doubled By The Finance Act, 2023

    The Finance Act, 2023 has increased the withholding tax payable on income by way of royalty and fees for technical services earned by non-residents...
    IndiaTax
    LexCounsel
    LexCounsel
  • Article

    High Court Rules That Seconded Employees' Salary Cost Reimbursed By Flipkart To Walmart Inc Will Not Be Subject To Withholding Tax In India

    In the case of Flipkart Internet Private Limited v DCIT (International Taxation) and Others [Writ Petition Number 3619/2021 (T-IT)], the Hon'ble Karnataka High Court (HC)...
    IndiaTax
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Tax Street – June 2024

    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...
    GlobalTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Proceedings Against Bharti Airtel For Non- Deduction Of Tax Barred By Limitation

    In the absence of any limitation period prescribed in the statute, a reasonable period should be applicable for proceedings against non-deduction of tax for payments made to non-residents.
    IndiaTax
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Relaxation To Foreign Companies Earning Royalty Or Fees For Technical Services From Filing Tax Returns In India

    The Finance Minister in the Budget Speech emphasized reducing the tax burden in India and making India an attractive destination for foreign investments.
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Draft Modifications To Tax Provisions Applicable To Foreign Companies With POEM In India

    Finance Act 2016 replaced the test for corporate residency of foreign companies from "control and management being situated wholly in India" to "place of effective management (POEM) in India".
    IndiaTax
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Foreign Companies May Be Required To File Tax Returns In India

    As per Indian Tax laws1, payments made to Non-Residents/Foreign Companies for Fees for Technical Services (FTS) and Royalties were liable to tax at the effective tax rate of 10.92%...
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Tax Street - May 2021

    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 and across the globe for the month of May 2021.
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Rethink. Restructure. Revive. Union Budget 2020

    The Union Budget 2020 has been duly positioned as a game-changer for the country's economy. The finance ministry has a mammoth task of improving GDP, resurrecting the affected sectors, and reviving a debilitating economy overall.
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Cross-Border Strategies For Founders In SEA And India On Leveraging Convertible Notes

    In the dynamic start-up landscapes of Southeast Asia (SEA) and India, convertible notes have become a favoured tool for initial fundraising efforts.
    IndiaCorporate/Commercial Law
    Legitpro Law
    Legitpro Law
  • Article

    The Big Budget - A Cheer For Foreign Investors

    "Make in India" is an initiative of the Government of India to encourage companies to manufacture in India.
    IndiaGovernment, Public Sector
    S&A Law Offices
    S&A Law Offices
  • Showing 61–80 of 201 results

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