Professional Services

10-Step Checklist for UAE Corporate Tax Implementation
Review of accounting policies and financial statements to ensure they are aligned with the best practices.

Secondment of employees – the tax controversy continues
The taxability of salary reimbursement for seconded employees has been debatable with various contrary judicial precedents. The recent Supreme Court decision regarding the applicability of…

Foreign Companies may be required to file tax returns in India
As per Indian Tax laws, payments made to Non-Residents/Foreign Companies for Fees for Technical Services (FTS) and Royalties were liable to tax at the effective…

GST on Transportation Services – Navigating through turbulent waters
GST on services by way of transportation of goods by aircraft/vessel is certainly on a roller-coaster ride these days. The story began in September 2022,…

Substance and Value Creation: Important pillars of the UAE CT Regime
The Organization for Economic Co-operation and Development (OECD) has played a key role over the last decade or so with the introduction of key tax…

Foreign Tax Credit: Overview and Related issues
The era of globalization and digitalization has brought a revolution in the way businesses are conducted, bringing the economies/geographies closer. While the businesses are evolving,…

Decoding the intricacies of the Angel Tax Provisions
In the recently presented Union Budget 2023, it has been proposed to expand the applicability of Section 56(2)(viib) of the Income-Tax Act, 1961 (the Act),…

Indian Union Budget 2023-24 Highlights | 主なハイライト 2023-24 年度中央政府予算
India remains steadfast on its course for progress. Despite the global geo-political and economic crises, India’s economic growth for the current year is estimated at…

Union Budget 2023: Accelerate. Advance. Ascend.
India remains steadfast on its course for progress. Despite the global geo-political and economic crises, India’s economic growth for the current year is estimated at…
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