The era of globalization and digitalization has brought a revolution in the way businesses are conducted, bringing the economies/geographies closer.

The government has issued Notifications to give effect to certain key amendments pertaining to GSTR-9 and GSTR-9C, which were introduced in the Union Budget 2021 based on the recommendations of the GST Council.

In its recent judgment1, the Supreme Court rejected a review petition that sought to hold that the tax dues are not at par with secured creditors and will not find priority in the waterfall mechanism...

The Year 2018 witnessed significant tax changes and reforms across the globe and India was no exception. The government intensified its steps towards increasing the tax base and took further measures to crack the whip on the parallel economy.

The Central Board of Direct Taxes (CBDT) vide Notification dated 25 March 2025, has sought to amend the Safe Harbour rules, specifically Rule 10TA and 10TD of the Income-tax Rules, 1962 (the Rules).

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...

Facilitating the inbound merger of foreign holding company with Indian Subsidiary...

The Insolvency and Bankruptcy Board of India (IBBI) issued a circular on 15 November 2021. This circular clarified that there is no requirement to obtain a 'no objection' or 'no dues' certificate from the ...

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 July 2020.

In a recent decision, the National Company Law Tribunal (NCLT), Kolkata Bench, against the established precedents, dismissed the selective capital reduction proposed by Philips India Limited (Philips).

The Ministry of Corporate Affairs (MCA) on 30 March 2020 appealed to Managing Directors/CEOs of Top 1000 companies (in terms of market capitalization)

We are pleased to present the November issue of SKP Global Updates - our newsletter that covers employment, payroll, Goods and Services Tax (GST)/Value Added Tax (VAT) and corporate tax...

The Dubai Multi Commodities Centre (DMCC), one of the world's leading free zones providing a dynamic business environment for companies, has implemented a new Wage Protection System (WPS) as...

The client had separate entities in Bengaluru. The transferor company was engaged in the manufacturing of oil seals, large industrial-size bearings and rendering technical services. It sustained operating losses.

Pharmaceutical and medical device companies (collectively, 'Healthcare Companies') fulfill a critical role in facilitating public health. The quality of their products and services directly impacts the...

A leading provider of "on demand" private aviation services faced significant inefficiencies in their accounts payable process.

We are pleased to present the December issue of SKP Global Updates – our newsletter that covers employment, payroll, Goods and Services Tax

We are pleased to present the November issue of SKP Global Updates – our newsletter that covers employment, payroll, Goods and Services Tax (GST)/Value Added Tax (VAT) ...

Action Plan 13 of the BEPS project anchored by the Organisation for Economic Co-Operation and Development (OECD) and G20 had set out an extensive framework for Transfer Pricing Documentation.

The Ministry of Corporate Affairs (MCA), via Notification No. G.S.R. 476(E) announced the Companies (Adjudication of Penalties) Amendment Rules, 2024. These new rules are set to come into force....