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Power to survey granted only to Investigation Directorates and TDS Comissionerates: CBDT.

Rule 11UA Amended to Broader Horizons for Non Resident Investors

The Finance Act, 2023, brought in an amendment to bring the consideration received from non-residents for issue of shares by an unlisted company within...
Procedure to claim DTAA benefits by NRI

Procedure to claim DTAA benefits by NRI

Procedure to claim DTAA benefits by NRIProcedure to claim DTAA benefits by NRI To benefits from the provisions laid under DTAA, an NRI individual will...

19 Countries Which Give Citizenship Based on Investment for Indians

As India does not allow dual citizenship, India's investment migration market is primarily centred around residence-by-investment programs. Up until a few years ago, India's market...
International Taxation

Finance Ministers are set to meet to discuss over G7 deal on corporate tax...

The UK is “cautiously optimistic” that the G7 group of advanced nations can agree the broad outlines of a global deal on taxing multinationals...
Policy

Finance Minister demands Extension of the Debt Service Suspension Initiative(DSSI) for 6 Months to...

Finance minister Nirmala Sitharaman has pitched for an extension of the Debt Service Suspension Initiative (DSSI) by six months through December 2021 to continue...
ITAT: Long Term Capital Gain Tax (LTCG) does not apply to indirect transfer of Indian Assets

Arms Length Price Decided by ITAT Can be Scrutinized Further

"There cannot be any absolute proposition of law that in all cases where the Tribunal has determined the arm’s length price the same is...
International Taxation

Global tax structure is going to look beyond global minimum corporate tax

Now that we know the Biden administration’s ideal rate for a global minimum corporate tax — 21% — it’s a bit easier to look at what...