India News
Cairn Confirms Final Hearing Date In Indian Tax Dispute
by Mary Swire, Tax-News.com, Hong Kong
Thursday, September 21, 2017
Cairn Energy on September 20 provided an update on the arbitration proceedings taking place as a result of its long-running dispute with the Indian tax authority. Read Full Story
Mauritius Denies Plans To Renegotiate DTA With India
by Lorys Charalambous, Tax-News.com, Cyprus
Friday, September 8, 2017
Mauritius's Ministry of Finance has denied that there are plans for a renegotiation of the jurisdiction's double tax agreement with India in the near future. Read Full Story
India Extends Deadline For Linking Aadhaar With Tax Returns
by Mary Swire, Tax-News.com, Hong Kong
Thursday, September 7, 2017
India's Central Board of Direct Taxes announced on August 31 that the deadlines to link the Aadhaar biometric ID card to tax returns, and the due date for certain taxpayers to file income tax returns have been extended. Read Full Story
BRICS Summit Ends With Tax Commitment
by Mary Swire, Tax-News.com, Hong Kong
Thursday, September 7, 2017
The BRICS countries – Brazil, China, Russia, India, and South Africa – closed out a recent summit with an agreement on supporting one another, and developing nations, with tackling tax evasion and plugging opportunities for tax avoidance. Read Full Story
Switzerland, India Committed To Free Trade
by Ulrika Lomas, Tax-News.com, Brussels
Monday, September 4, 2017
Switzerland and India have reiterated their commitment to a free trade agreement between India and the European Free Trade Association. Read Full Story
India Hails 'Demonetization' Drive For Tax Compliance Boost
by Mary Swire, Tax-News.com, Hong Kong
Thursday, August 31, 2017
The Indian Government's 2016 decision to 'demonetize' INR500 and INR1,000 notes in late 2016 has had the desired effect of increasing tax compliance and reducing money laundering activity in the country, the Ministry of Finance announced in a statement on August 30. Read Full Story
India To Increase Tax On Luxury Cars
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, August 30, 2017
India's Cabinet has approved an increase to the Compensation Cess surcharge on large and luxury vehicles. Read Full Story
Vodafone's New Arbitration Request Blocked By Indian Court
by Mary Swire, Tax-news.com, Hong Kong
Monday, August 28, 2017
India's Delhi High Court has issued an injunction restraining telecoms giant Vodafone Group Plc from proceeding with international arbitration in its USD2.2bn tax dispute with India. Read Full Story
India Releases Guidance For GST Payers
by Mary Swire, Tax-News.com, Hong Kong
Monday, August 28, 2017
On August 25, India's Central Board of Excise and Customs announced that it has released several documents to provide guidance to goods and services tax taxpayers, following the introduction of the regime in July. Read Full Story
Indian Tax Man Wins Ruling Against Privacy Campaigners
by Mary Swire, Tax-News.com, Hong Kong
Friday, August 25, 2017
Despite a Supreme Court ruling stating that Indian citizens have a fundamental right to privacy under the country's constitution, the requirement to link the Aadhaar biometric ID card to tax returns still stands, according to officials. Read Full Story
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