Other Briefings
India’s Export Duties to Come Under Increased Scrutiny
On February 28, India’s budget for 2015-16 will be presented by Finance Minister Arun Jaitley. A key segment of government planning is expected to focus on India’s current export duties.
Tax Disputes in India – a Year in Review
When elected in May 2014, Narendra Modi sought to establish rule of law in disputes with foreign firms and reduce uncertainty amongst foreign investors . In this article we take a look at some recent court decisions to see if the government is following through on its pledge to end “tax terrorism.”
Understanding India’s Industry-Specific Tax Incentives
Tax deductions exist in numerous Indian sectors where the government deems foreign investment to be in the interest of the country. In this article, we highlight which industries offer tax incentives and outline how foreign businesses can qualify for tax deductions.
New G20 Initiative Gives India Boost in Fight Against Tax Avoidance
On Sunday, the G20 approved a mechanism that will see the automatic exchange of tax information by 2017 – 2018. The deal is particularly important for India, who will be able to use the mechanism to help collect on some of the $US 7 billion it loses from tax avoidance every year.
India Continues Tax Dispute With Cyprus and Mauritius
Negotiations between India and both Cyprus and Mauritius to agree new tax treaties have recently reached another impasse. India is keen to collect on the vast amounts of tax that reside in holding companies on the two island nations, but an agreement looks no closer to being completed.
India Makes Progress on GST Implementation
India moved closer towards implementing a Goods and Services Tax with the conclusion of the latest meeting by the Empowered Committee of State Finance Ministers this Wednesday.
Tax, Accounting, and Audit in India 2014-2015
Tax, Accounting, and Audit in India 2014-2015, which is out now and available for download in the Asia Briefing Bookstore, offers a comprehensive overview of the major taxes foreign investors are likely to encounter when establishing or operating a business in India as well as other tax-relevant obligations.
India to Delay Decision on GAAR Implementation
India’s implementation of the General Anti-Avoidance Rules will be delayed until next year, according to Revenue Secretary Shaktikanta Das.
