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India News




OECD Global Forum Discusses Tax Transparency Progress

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 17, 2017

200 delegates from more than 90 delegations met in Yaoundé, Cameroon, on November 15-17, 2017, for the 10th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes which now includes 147 countries and jurisdictions. Read Full Story

 


Indian Cabinet Green-Lights GST Anti-Profiteering Authority

by Mary Swire, Tax-News.com, Hong Kong

Friday, November 17, 2017

The Indian Cabinet on November 16 launched the National Anti-profiteering Authority (NAA) in relation to the Goods and Services Tax and approved the appointment of senior staff. Read Full Story

 


India Slashes List Of Items Subject To 28 Percent GST

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, November 14, 2017

India is to alter the goods and services tax treatment of more than 200 goods and services, mainly to narrow the scope of the top, 28 percent rate. Read Full Story

 


India, Hong Kong To Sign Double Tax Pact

by Mary Swire, Tax-News.com, Hong Kong

Monday, November 13, 2017

The Indian Government last week announced various developments relating to double taxation agreements. Read Full Story

 


Hong Kong, ASEAN Nations Sign Free Trade Deal

by Mary Swire, Tax-News.com, Hong Kong

Monday, November 13, 2017

Hong Kong has signed a new free trade agreement with the Association of Southeast Asian Nations, which is expected to become effective from January 2019. Read Full Story

 


Indian Authorities Report On Probes After Taxpayer Data Leaks

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, November 7, 2017

The Indian tax authorities have provided updates into both the ongoing "Panama Papers" investigation and the developing and unconnected "Paradise Papers" revelations. Read Full Story

 


Restaurants Urge Indian Lawmakers To Ditch GST Proposals

by Mary Swire, Tax-News.com, Hong Kong

Thursday, November 2, 2017

India's National Restaurants Association has urged the Government not to proceed with plans to introduce a flat rate regime for the sector. Read Full Story

 


India Waives GST On Services Contracts With Nepal, Bhutan

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, October 31, 2017

India's Ministry of Finance on October 27 published a notification exempting services rendered by companies in Nepal and Bhutan from India's GST where the consideration is in Indian rupees. Read Full Story

 


US Considers Trade Duties On Indian, Chinese PTFE Resin

by Glen Shapiro, Tax-News.com, New York

Thursday, October 26, 2017

The Department of Commerce has commenced new anti-dumping and countervailing duty investigations into imports of polytetrafluoroethylene resin from India and China. Read Full Story

 


India Clarifies PoEM Rules For Regional Headquarters

by Mary Swire, Tax-News.com, Hong Kong

Thursday, October 26, 2017

India's Central Board of Direct Taxes (CBDT) on October 23 further clarified the Place of Effective Management (PoEM) rules. Read Full Story

 

 

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