The G7 tax proposals on taxing multinationals could impact India’s taxation of non-resident companies and digital businesses.
The Indian government has clarified that its digital tax will not apply to foreign e-commerce firms with an Indian PE or paying income tax in India.
We discuss the procedural requirements for opening a bank account in Bangladesh, including individual accounts and corporate bank accounts.
Several concessionary measures were announced by India’s tax authorities due to challenges faced by taxpayers in meeting statutory and regulatory compliances.
There are various incentives available to businesses in India depending on their economic activity, industry, location, and size of the firm.
We explain how India’s GST regime benefits manufacturers/suppliers and job workers, what are the rules of compliance, and how the tax incidence is assessed.
We provide a short checklist of annual GST compliances in India and related tasks for businesses during the new financial year, starting April 1, 2021.
From April 1, 2021, companies in India are required to record audit trials of their accounts and make additional disclosures like cryptocurrency transactions.