Substantial changes have been introduced in relation to Tax Dispute Resolution mechanism to impart greater efficiency, transparency and accountability by eliminating interface to the extent technologi...
The Union Budget 2021 should reflect concrete and enthused government efforts to boost both consumption and demand for an overall push to the economy
Trade relations and strategic partnership of India and the US have, in the last two decades, received consistent bipartisan support from lawmakers on both sides
The Budget is promising and instils hope for a holistic economic order in coming years
The tax reform suggests a drastic cut in corporate tax, but the fine print indicates an additional tax burden on U.S. multinationals.
Although Parliament has passed the Bill in its original form, a debate before the judiciary on certain provisions cannot be ruled out. Here is why
The other key developments in 2016 include passage of Constitutional Amendment Bill for GST, dedicated action to deal with the menace of black money [Income Declaration Scheme, 2016 (IDS), amendme...
Mukesh Butani, Chairman at BMR Advisors, says the Supreme Court verdict on Vodafone case clarifies important principles of law on tax treatment of offshore transactions.
An individual is still subject to a higher rate of tax than most corporates, and doesn't enjoy as many tax deductions.
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