22 APAs already concluded in the current fiscal while 30 to 40 APAs expected to be finalized before the end of the fiscal; the new momentum will go a long way in avoiding disputes The Central Board of Direct Taxes (CBDT) has recently entered into eleven (11) more Advance Pricing Agreements (APAs) with Indian subsidiaries…
Ministry to soon introduce a new version of Form INC29 incorporating suggestions received from the stakeholders allowing up to 5 directors to be appointed and greater flexibility in proposing a name for a company Ministry of Corporate Affairs, Government of India has, during the past one year, taken a number of steps, and is in…
On 11th December, 2015, India and Japan signed a Protocol for amending the existing Convention for the avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes on income which was signed in 1989. Dr. Hasmukh Adhia, Revenue Secretary, signed the Protocol on behalf of the Government of India with…