Other Briefings
Claiming GST Refund Made Easier in India
Businesses in India can now claim their GST refund by submitting a single form. Here, we discuss the different types of GST refunds available and the process for claiming it.
India Resident Foreign Companies to Pay 40 Percent Tax: Latest POEM Guidelines
The Indian tax department has clarified that foreign companies must pay 40 percent tax even if their residency status changes from non-resident to resident by virtue of place of effective management (POEM) rules.
GST on Inter-State Office Services: Karnataka AAR Makes Companies in India Nervous
Employee services from the headquarters of a firm to its offices in other states will attract GST as it will be considered a taxable ‘supply of service’ under the CGST Act, as per a Karnataka AAR order.
India’s Presumptive Taxation Scheme: SMEs and Professionals Key Beneficiaries
India allows SMEs and professionals to file their taxes under the presumptive taxation scheme if they meet certain qualifications.
GST Reforms in the Works, Businesses in India Remain Hopeful
One year since the GST rolled out in India, businesses seek key changes in way the indirect tax system operates.
CBIC Announces PAN-Based Refund Clearances for Exporters in India
India’s indirect tax and customs department, CBIC, is working to clear long-stuck GST refunds for exporters, including through PAN-based clearance and a special refund fortnight till June 14, 2018.
Taxation in India: Changing Rules, Trends in Taxation
Despite India’s high tax burden, foreign investors should pace themselves; the country offers a variety of regional and sector-based incentives to boost its competitiveness.
India’s Tax Incentives for Business, Industry, and Exports
India provides a range of tax and non-tax related benefits to foreign investors. These may be industry-specific, location-based, or export-linked incentives.
