Other Briefings
New Tax E-Filing Deadlines in India: Check List to See if it Applies to You
India extends e-filing due dates for specific forms under Income Tax Act, 1961. We list the forms affected and new tax reporting deadlines.
What are the Tax Implications for Cryptocurrency Assets in India?
Cryptocurrency transactions in India may attract tax liability, but the rules remain unclear as the RBI has not yet granted it the status of a legal tender.
India’s New Rule for Computation of Short-Term Capital Gains to Increase Tax Liability for Businesses
Rule 8AC details the method of computing STCG and written down value for businesses that obtained depreciation on goodwill in FY 2020-21.
India Joins Consensus on OECD Tax Deal Ahead of G20 Meeting in Venice
We briefly explain the tax measures proposed for multinational enterprises in the OECD tax deal and prevailing consensus ahead of the Venice G20 meeting.
New TDS/TCS Provisions in India from July 1, 2021
Key changes affect purchase of goods, pension income, and accelerated TDS rates for non-filers; Aadhar-PAN linkage is important to avoid higher TDS.
Why Indian Businesses View Singapore as a Preferred Investment Base in Asia
Singpore is a preferred investment base for Indian companies and start-up enterprises due to its preferential business incentives, DTA, and entrepot trade.
New G7 Proposals on Taxing Multinationals: Implications for Foreign Entities, Digital Companies in India
The G7 tax proposals on taxing multinationals could impact India’s taxation of non-resident companies and digital businesses.
India’s Digital Tax: Rules Where Levy is Applicable, US Response
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.
