Other Briefings
GST Returns for Regular Business Entities in India
We discuss the GST returns forms to be submitted by all regular business entities in India and compliance requirements under the GST system.
GST Compliance for Input Service Distributors, TDS, TCS in India
We discuss the GST returns for input service distributors, TDS for purchasers of goods and services when making payments to suppliers, and TCS for e-commerce operators in India.
GST Compliance for Non-Resident Businesspersons, Diplomats, UN Personnel in India
Last year saw an overhaul of the indirect tax system in India with the establishment of the goods and services tax (GST). Here we discuss GST compliance for non-resident businesspersons and diplomatic missions in India.
GSTR-3B: Filing GST Returns in India
GSTR-3B is an alternate form to GSTR-3 till June 2018. We evaluate how its introduction to ease the changeover for businesses from the previous tax system has panned out.
Tax Incentives in India – New Issue of India Briefing Magazine Out Now
Foreign investors should note that tax benefits in India are determined by economic activity, industry, location, size of firm, and time since incorporation. In this issue of India Briefing magazine, we examine India’s corporate tax structure and strategies to offset the tax burden.
India – Hong Kong Sign Double Tax Avoidance Agreement
India and the Hong Kong entered into a double tax avoidance agreement on March 19, 2018. The DTAA provides clarity regarding tax rates and tax jurisdictions; firms will now be taxed in only one of the signatory countries.
Minimum Alternate Tax in India: Foreign Infrastructure Companies Exempt
India proposes to exempt foreign companies with a permanent establishment in India in oil drilling, shipping, air transport, and turnkey construction projects from the MAT. Instead, these companies will only need to pay a presumptive tax.
Permanent Establishments in India under BEPS Norms
Tightening regulation of permanent establishments in India follows from BEPS Action Plan 7, which toughens the definition of the business connection regime. Here, we discuss the new rules for Agency Permanent Establishments and Digital Permanent Establishments.
