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Stories that are tagged 'India'

Cairn Energy Provides Update On India Tax Dispute

by Mary Swire,, Hong Kong

Last updated 10 hours ago | Wednesday, June 28, 2017

In the latest salvo between Indian authorities and the Cairn Energy Group in the dispute concerning the controversial 2012 retrospective amendment to Indian tax law, Cairn has disclosed that the Indian Government has laid claim to a USD53m dividend payment that it considers the group is owed from its India-based subsidiary, Cairn India Limited. Read Full Story


Indian GST Portal Reopens For Registrations

by Mary Swire,, Hong Kong

Monday, June 26, 2017

India's Goods and Services Tax Network, the online portal for the administration of India's new Goods and Services Tax, reopened for GST registration applications on June 25. Read Full Story


India's GST Approved By All But One State

by Mary Swire,, Hong Kong

Wednesday, June 21, 2017

The Indian Ministry of Finance announced on June 21 that just one Indian state, Jammu and Kashmir, still needs to approve the State Goods and Services Tax Act ahead of the nationwide roll-out of GST from July 1 Read Full Story


India Retains Transfer Pricing 'Tolerable Limit'

by Mary Swire,, Hong Kong

Last updated 36 hours ago | Tuesday, June 27, 2017

India's Central Board of Direct Taxes has confirmed, through Notification No. 50/2017, that the "tolerable limit" for deviation from arm's length prices will remain the same during the assessment years 2017-18 and 2018-19. Read Full Story


China, Singapore Agree To Push To Conclude RCEP Pact

by Mary Swire,, Hong Kong

Last updated 36 hours ago | Tuesday, June 27, 2017

China and Singapore are to cooperate on pushing for the conclusion of the Regional Comprehensive Economic Partnership, a multinational free trade agreement between the Association of South East Asian Nations and its free trade agreement partners. Read Full Story


India Cuts GST Rates On Numerous Items

by Mary Swire,, Hong Kong

Last updated 36 hours ago | Tuesday, June 27, 2017

India's Finance Minister, Arun Jaitley, on June 11 announced that India will cut goods and services tax on 66 items, ahead of the introduction of the tax from July 1. Read Full Story


Switzerland Explains BEPS Changes To Treaty Network

by Ulrika Lomas,, Brussels

Thursday, June 8, 2017

Switzerland has explained how it will amend its double tax agreements, after it signed the OECD's new multilateral tax compact to implement anti-base erosion and profit shifting measures. Read Full Story


India Forging Ahead With GST From July 1

by Mary Swire,, Hong Kong

Friday, June 2, 2017

Speaking on May 30, India's Revenue Secretary confirmed once more that the long-anticipated goods and services tax (GST) will be introduced as planned on July 1. Read Full Story


Telecoms Firms Urged To Pass On Indian GST Windfall

by Mary Swire,, Hong Kong

Wednesday, May 31, 2017

Telecommunications firms doing business in India have been urged to ensure that any savings resulting from the introduction of goods and services tax in the country from July are passed on to consumers. Read Full Story


India Launches 'Project Clean Money' Portal

by Mary Swire,, Hong Kong

Monday, May 29, 2017

The Indian tax authority has launched the Operation Clean Money portal, which is intended to support its efforts to challenge potentially non-compliant taxpayers who may have failed to declare income deposited in bank accounts. Read Full Story




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