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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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