Professional Services
The future of FDI from land-bordering countries in India
In April 2020, the government introduced Press Note 3 (PN3), requiring prior approval for all investments from bordering nations, including China. This move aimed to…
Budget Expectations – Sustainable Energy Sector
The Interim Budget 2024 was announced in February 2024. It was an inclusive budget focusing on all the major sectors of the economy. In the…
Key expectation from Transfer Pricing (‘TP’) perspective amidst the economic vision of the new government
The Annual Budget 2024 will be presented in the Monsoon Session of Parliament. The Annual Budget 2024 is expected to build upon the principles of…
Expectations on Indirect Taxes front
The recently re-elected central government is set to present its thirteenth Union Budget on 23 July 2024. There is much anticipation from NDA 3.0 for…
Direct Tax Recommendations for Budget 2024
The much-anticipated Union Budget 2024, under the Modi 3.0 government, will be presented on 23 July 2024. Globally, various stakeholders are keenly awaiting what's in…
Deemed Dividend under Section 2(22)(e) – Shareholders to Watch-out!
Dividends traditionally have been taxable either in the hands of the company as Dividend Distribution Tax or in the hands of the shareholders as 'Income…
Limited Liability Partnership needs to disclose the Significant Beneficial Owner
The Ministry of Corporate Affairs (MCA) had introduced the concept of Significant Beneficial Ownership (SBO) for Limited Liability Partnerships (LLPs) vide notification dated 11 February…
India-EFTA Trade & Economic Agreement: A Win-Win Deal
In March, India marked a pivotal milestone in its pursuit of sustainable development, economic growth, and strengthening of its international trade presence by signing the…
Navigating the New Trade Agreements – A Strategic Guide for Exporters
India's recent endeavors in bilateral and Free Trade Agreements (FTAs) signal a transformative era for various stakeholders. With an aim to reduce tariffs, improve market…
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