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The FTA has updated the format of the UAE Corporate Tax return, which now has a specific portion on Transfer Pricing (TP) related disclosure. This article gives an overview and highlights critical items in the said portion.

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...

It is settled law that directors owe fiduciary duties towards company and members. They act as a trustee or custodian of stakeholders. Directors' duties all along have been evolved under common...

The Indian Courts/Tribunals have pronounced several judgements on varied issues relating to Corporate and International Taxation in July.

The Hon'ble Apex Court, in its order dated 19 April 2023, in the case of SAP Labs India Pvt. Ltd. quashed and set aside the ruling of the High Court (HC) and observed that the selection...

Historically, the accounting principles have always kept most leases off the books. Such lease commitments were only required to be disclosed as notes to the financial statements.

The date of exercising the option by Goods Transport Agencies (GTAs) to pay GST under forward charge is amended to 1 January to 31 March of the preceding financia...

Dividends traditionally have been taxable either in the hands of the company as Dividend Distribution Tax or in the hands of the shareholders as ‘Income from Other Sources.' However, to avoid paying such tax..

The Ministry of Corporate Affairs (MCA) recently released more forms to ease the compliance burden for corporates and Limited Liability Partnerships (LLPs).

The spread of pandemic COVID-19 has left the entire world grappling with its negative impact on the socioeconomic front.

The Reserve Bank of India (RBI) has notified regulations facilitating cross-border mergers with effect from 20 March 2018, called the Foreign Exchange Management (Cross Border Merger)...

The Securities and Exchange Board of India (SEBI) has, vide its notification dated 12 December 2024, amended the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations).

The Maharashtra government has approved amendments to the Factories Act, 1948 and the Maharashtra Shops and Establishments...

The Government of Maharashtra has notified the Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2017 with effect from 19 December 2017.

On 11 February 2020, the Government of India issued a notification declaring that all medical devices are to be classified as drugs from 1 April 2020 under the Drugs and Cosmetics Act, 1940.

In the dynamic arena of international trade, the Indian Government's recent spree of bilateral and Free Trade Agreements (FTAs)...

Artificial Intelligence (AI) is the buzzword nowadays. Organizations across the globe are pouring investments worth billions of dollars into data and analytics.