India Makes Progress on GST Implementation
India moved closer towards implementing a Goods and Services Tax with the conclusion of the latest meeting by the Empowered Committee of State Finance Ministers this Wednesday.
Tax, Accounting, and Audit in India 2014-2015
Tax, Accounting, and Audit in India 2014-2015, which is out now and available for download in the Asia Briefing Bookstore, offers a comprehensive overview of the major taxes foreign investors are likely to encounter when establishing or operating a business in India as well as other tax-relevant obligations.
India to Delay Decision on GAAR Implementation
India’s implementation of the General Anti-Avoidance Rules will be delayed until next year, according to Revenue Secretary Shaktikanta Das.
India to Implement FATCA
The Reserve Bank of India and the Securities and Exchange Board have announced India’s timeline for full Foreign Account Tax Compliance Act (FATCA) implementation.
India’s Tax Administration Reform Commission (TARC) Releases First Report
India’s Tax Administration Reform Commission (TARC) has submitted its first report suggesting a variety of changes to India’s tax administration framework. Constituted in August 2013, the TARC is charged with identifying key areas for improvement in India’s tax system.
India Reviewing Cyprus Tax Treaty to Reduce Withholding Tax Issues
India may soon revise its DTAA with Cyprus and restore a 10 percent withholding tax rate in light of recent progress in tax information sharing.
Analyzing the Auditor’s Report in India
In this article, we introduce the role and scope of an auditor’s report in India, and highlight the important sections of their brief.
India and Mauritius to Begin Automatic Exchange of Tax-Related Information
With new data indicating Singapore overtook Mauritius as the leading source of FDI into India last year, Mauritius has announced it will begin participating in an automatic exchange of tax-related information with the Indian government.