Tax Flash News

Tax Flash News
Tax laws in India are subject to interpretation by judicial authorities, and changes by way of amendments to the statute. Flash News enables you to stay abreast of the latest developments.
Export commission earned by a foreign commission agent is not taxable India. Further it is not in the nature of Fees for Technical Services (PDF, 213 KB)5/17/2012
List of goods covered under the MRP based assessment and the rate of abatement is amended (PDF, 204 KB)5/16/2012
Severance benefits (including Leave Encashment) received outside India from former employer for services rendered outside India are not taxable in the hands of an individual who is a “Not Ordinary Resident (NOR) (PDF, 226 KB)5/15/2012
Reserve Bank of India (‘RBI’) relaxes facilities available to Non-Resident Indians (‘NRI’) to transfer funds between bank accounts (PDF, 408 KB)5/15/2012
Payments for purchase of software is not royalty5/11/2012
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 Tax and Regulatory 

Enhancing a shareholder's value is a fundamental concept which drives every management effort in the modern business environment. Progressive and bottom-line focussed managements have realized that taxes (both direct and indirect, domestic and international), should be viewed as a dynamic item of cost rather than a passive charge on the profits.
Tax

Indeed, an effective tax-cost management provides a distinct competitive advantage. This requires the application of appropriate tax strategies proactively identified and surgically implemented.

 

We have developed a total tax management capability which encompasses the entire spectrum of direct, indirect and personal taxes. Our approach to tax planning is multi-jurisdictional. We, together with other member firm's offices spread across the globe, can provide quality national and international tax advice.

 

Our professionals are drawn from a wide variety of backgrounds. Industry specialization, service line specialization, international exposure and advanced training equips them to work with our clients and be their advisors in a wide spectrum of their business processes.

 

Webinar - Vodafone Supreme Court Ruling

Webinar - Vodafone Supreme Court Ruling
The Supreme Court of India has delivered a landmark judgement in the Vodafone case today, putting an end to a nearly five year old controversy on the taxability in India of sale of shares of foreign company having downstream subsidiary in India.... MORE