This chapter covers corporate tax laws and regulations in India, including tax work over the last year, key developments, industry sectors and more.
Finance Minister Nirmala Sitharaman introduced the Direct Tax Code 2025,which aims to modernise India's tax code with clearer, more straightforward regulations by replacing the Income Tax Act of 1961 and the Wealth Tax Act of 1957. The Direct Tax Code bill started with itsfirst draft in 2009,...
EntitiesEvery entity within the country of domicile of the Reporting Destination Jurisdiction, except: (a) company whose shares are traded in one or more stock exchange; (b) related entities to the company in point (a); (c) governmental entity; (d) international organization; (e) central ban...
a) Incorrect quantity of packages; b) No physical goods match in customs declaration (e.g. manifest); c) The goods are not included in the declaration submitted by the transporter; and d) Importation of the goods is restricted or limited and the goods are not declared to customs, as well...
Taxation in Indonesiais governed by Law No. 6 of 1982, which has been amended several times, the last update being Law No. 7 of 2021 on the Harmonization of Tax Regulations. Under the law, taxpayers are required to fill out and submit the tax form correctly, completely, clearly, and wit...
A review and analysis of the rules and regulations including the tax aspects of making an investment in India is presented. The full range from Foreign Direct Investment to different forms of doing business with specific examples from the publishing industry is explored to help understand current ...
In India regarding cryptocurrency, stock trading should require more disclosure and transparency. As cryptocurrency regulations in India remain ambiguous, a growing number of Indians are accessing digital tokens by buying and selling on foreign platforms which may have better features and customer se...
International Tax Advisory Services Transfer Pricing in India Foreign Exchange Regulations Risk and Assurance Service FSSAI Compliance Services GST Advisory Service Secretarial Audit in India Stock Audit Financial Statement Audit Global Audit NGO AuditOur...
Israel e-invoicing Israel is set to implement a continuous transaction controls (CTC) model that will require businesses to submit invoice data in electronic format for Read More Thailand Electronic Invoicing New Regulations Thailand’s New Approach to Electronic Invoicing New regulations for e-tax...
Filing income tax returns (ITR) is a crucial duty of every taxpayer in India, ensuring adherence to the nation's tax regulations. It involves detailing all sources of income, deductions, and tax liabilities for a comprehensive report to the Income Tax Department. The last date to file your ...