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Base Erosion And Profit Shifting

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Jaitley welcomes Panama expose, says none will be spared

The government on Monday declared that action will be taken against “unlawful” accounts held abroad by Indians and constituted a multi-agency group to continuously monitor information......

FPIs from Mauritius to face greater scrutiny after tax treaty revision

Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by......

'60% of taxpayers will shift to new tax regime'

'Personal income tax is growing by 27 per cent and most refunds have already been issued.' Illustration: Dominic Xavier/Rediff.com "Suppose you are a taxpayer and you have been filing returns and......

ITC stock a good buying opportunity

Target prices around Rs 400 suggest a significant upside. Photograph: Rupak De Chowdhuri/Reuters As the Budget approaches, investors start speculating on the likely changes in taxation and the......

Why India may have to withdraw 2% equalisation levy on firms by 2023

The OECD deal is intended to ensure that multinational digital entities pay more taxes in countries where they have customers or users than from where they operate. India conceding ground to bring......

Consensus on global tax deal likely by October

A day after joining the OECD-G20 framework for global minimum tax, the finance ministry on Friday said some significant issues including share of profit allocation and scope of subject to tax rules......

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