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.
CBDT notifies changes in reporting rules for PAN and Annual Information Reporting2/8/2016
FEMA permits residents to acquire immovable property overseas jointly with non-resident relatives2/4/2016
Tax rate of 20 per cent under Section 206AA of the Income-tax Act shall not apply to salary payments for default in providing PAN2/4/2016
Preference shares which have not yielded any exempt income have to be considered for disallowance under Section 14A of the Income-tax Act when the taxpayer is having exempt income from other investments2/4/2016
Project office for installation of petroleum platforms and submarine pipelines does not constitute a PE in India2/2/2016
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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.

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.


Girish Vanvari
Head of Tax