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.
Opening a Bank Account in Bangladesh
We discuss the procedural requirements for opening a bank account in Bangladesh, including individual accounts and corporate bank accounts.
Relief Measures for Taxpayers Announced Under GST Law Due to Severity of COVID Wave
Several concessionary measures were announced by India’s tax authorities due to challenges faced by taxpayers in meeting statutory and regulatory compliances.
Tax Breaks and Other Incentives for Doing Business in India
There are various incentives available to businesses in India depending on their economic activity, industry, location, and size of the firm.