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Jaitley welcomes Panama expose, says none will be spared

The government on Monday declared that action will be taken against “unlawful” accounts held abroad by Indians and constituted a multi-agency group to continuously monitor information......

The five tax rules that spook corporate India

What the Budget could hold in store when it comes to tax rules like GAAR, MAT, PoEM, BEPS and ICDS. Budget 2017 is likely to clarify the government’s position on Minimum Alternative Tax......

G20 resolves to check profit shifting for fair tax realisation

The G20 in 2013 had unanimously agreed to a 15 point action plan to check BEPS The finance ministers of the G20 nations on Saturday resolved to tackle Base Erosion and Profit Shifting (BEPS) to......

India keen on global framework to tax digital companies

Currently, companies are taxed in the jurisdictions in which they have a physical presence. However, digital businesses generate revenues from markets without a significant physical presence in a......

How India plans to tax digital entities like Facebook, Netflix

The existing double taxation avoidance agreements will not be covered by the proposed change, implying that in order to tax Facebook, Google and the like, India will require to renegotiate tax......

India's slingshot moment

The transformational reforms like GST, Bankruptcy Code and recapitalisation of banks, Black Money Act, demonetisation, flexible inflation targeting and adoption of fiscal discipline (FRBMA), etc,......
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CBDT invites comments on draft notification proposing amendment to Rule 44E, Form 34C, 34D and 34DA as per BEPS Action 5, for improving transparency in tax rulings

Under Base Erosion and Profit Shifting (BEPS) Action 5, exchange of rulings on Permanent Establishment (PE) by Authority for Advance Rulings is... ...

http://pib.nic.in/newsite/PrintRelease.aspx?relid=178685
OECD BEPS country reports deadline March 31, except exceptions

The government clarified on Monday that the last date for furnishing the country-by-country (CbC) report on the return of income under the OECD's... ...

http://www.prokerala.com/news/articles/a819487.html
India set to pitch for global framework to tax digital companies

panel under BEPS - Taskforce on Digital Taxation - is expected to come up with a final report by 2020 Dilasha Seth Last Updated at March 20, 2018... ...

http://www.business-standard.com/article/economy-policy/india-set-to-pitch-for-global-framework-to-tax-digital-companies-118032001175_1.html
India, Iran sign double taxation pact

India and Iran on Saturday signed an agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on... ...

http://www.business-standard.com/article/news-ani/india-iran-sign-double-taxation-pact-118021700486_1.html
Cabinet approves signing & ratification of protocol amending Agreement between India & China

Besides other changes, the Protocol updates the existing provisions for exchange of information to the latest international standards. Further the... ...

http://www.business-standard.com/article/news-cm/cabinet-approves-signing-ratification-of-protocol-amending-agreement-between-india-china-118020800662_1.html

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