Professional Services
Specter of multi-authority, repetitive and multi-directional proceedings haunting GST-payers
The GST regime, implemented in 2017, turns seven years soon, stepping into its proverbial childhood. In many ways, the sweeping tax reform has lived up…
Historical Perspective and Conceptual Understanding of Beneficial Interest/Ownership
Entities such as companies, trusts, foundations, partnerships, and other types of legal persons and arrangements conduct a wide variety of commercial activities. While they play…
UAE Corporate Tax Regime: Impact on Free Zone Entities
The UAE Corporate Tax Law (CT Law) is effective for any financial year beginning on or after 1 June 2023 (i.e., for a company following…
India’s Path to Progress
As the Indian government led by Prime Minister Narendra Modi completes one decade, we take this opportunity to look back at some of the key…
How Holding Companies Could Hold Ground under UAE Corporate Tax
The UAE has long been known for its business-friendly environment, characterized by a lack of corporate and personal tax. However, the UAE’s Federal Tax Authority…
Key Highlights of Interim Budget 2024
The Interim Budget 2024 was a reflection of past achievements and attempted to provide an impetus to India’s current optimistic trajectory. The Hon’ble Finance Minister…
Getting acquainted with the concept of “deemed international transaction” in India
Transfer Pricing (TP) in India, was first introduced in 2001, in the Income-tax Act 1961 (the Act) and has seen various developments in the past…
Expansion into overseas markets: The tax and regulatory framework
As the Indian GDP grows, the Indian industry continues to expand across the global, supplemented by digitalization. In recent years, there’s been an increase in…
Chennai ITAT Ruling in Cognizant’s Shares Buyback: A Panoramic Analysis
Recently, the Chennai Income-tax Appellate Tribunal (ITAT or Tribunal) in the case of Cognizant Technology Solutions India Pvt. Ltd (Company or the assessee or the…
professional-services
No records available