Tax Ruling Says Dividend Tax in India to be Based on Beneficial Treaty Rate
A Delhi appellate tribunal has held that non-resident shareholders, such as foreign investors, can access the beneficial tax rate on dividend income.
India’s Taxpayers, FPI, Offshore Investors Promised Relief: Parliament Passes New Bill
The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020 extends compliance deadlines and promises tax relief to key groups.
Navigating Different Types of Due Diligence in India
Financial, legal, tax, and HR due diligence will enable foreign companies evaluate every aspect of their potential business undertaking in India.
Tax Scrutiny in India to Go ‘Faceless’: What Does it Mean?
Tax scrutiny is set to change in India as the assessment process will no longer be jurisdiction based in most cases.
India Extends Key Tax Deadlines Again for Businesses in 2020 due to COVID-19
India is extending dates for filing income tax returns and GST compliance procedures among measures to ease burden on businesses and entrepreneurs.
Businesses in India May Have to Reflect COVID-19 Impact in Accounts, Say Auditors
Auditors say firms in India may have to reflect the impact of COVID-19 related disruptions on their business operations in financial statements.
India Considers Easing Tax Rules, Loan Repayment amid COVID-19
India is considering tax breaks and easier loan repayment options for SMEs amid the coronavirus (COVID-19) outbreak.
India Wants to Reduce Tax Litigation with New Direct Tax Bill
India’s lower house of parliament passed the direct tax bill, which aims to reduce tax litigation and settle ongoing tax disputes.