Financial Intelligence Unit-India (FIU-IND)
The Financial Intelligence Unit-India (FIU-IND) is a statutory body set up by the Government of India in 2004. It functions as the central national agency…
Taxation
Section 194-O of the Income Tax Act
Section 194-O of the Income Tax Act, introduced in 2020, mandates e-commerce operators in India to deduct Tax Deduction at Source (TDS) at a rate…
New Tax Bills
The Central Goods and Services Tax (Second Amendment) Bill, 2023, and the Provisional Collection of Taxes Bill, 2023, are significant legislative developments introduced in December…
Double Taxation Avoidance Agreement (DTAA): Provisions, Significance, Impacts
The Double Taxation Avoidance Agreement (DTAA) has been a cornerstone in India's international economic engagements, alleviating tax burdens for entit…
TIRExB
What is TIRExB? How TIRExB Operates Who Comprises TIRExB? TIR Convention Details TIRExB’s efforts in promoting India’s candidature for the TIR Executive Board are essential…
Tax Base in India- Trends, Reasons & Challenges
In the recent times, despite a limited tax revenue base, the Indian government's fiscal space has witnessed some significant shifts. Interestingly, th…
Mera Bill Mera Adhikar
The imminent launch of the “Mera Bill Mera Adhikar” scheme by the government brings forth a novel initiative aimed at promoting transparency and accountability in…
Boards for Advance Rulings
The operationalization of Boards for Advance Rulings (BARs) brings a fresh approach to addressing tax-related uncertainties. Through email-based procedures and video conference hearings, BARs are…
