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TAX FRIENDLY JURISDICTIONS
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
US overtakes Mauritius to become India’s 2nd largest FDI source as inflows cross $11 billion markThe investment landscape is changing. The United States has now claimed the title of India's second-largest foreign investor, overtaking Ma...
Sebi, CBDT ease PAN rules for foreign investors after onboarding concernsSebi and CBDT relaxed PAN compliance requirements for foreign portfolio investors after concerns over complex onboarding rules. The clarifi...
Good news for taxpayers! Faster tax refunds, quicker dispute resolution, TDS framework improvements and more planned by CBDT for 2026-27Taxpayers can anticipate significant improvements in the TDS system and faster resolution of tax disputes. The Central Board of Direct Taxe...
Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the sameThe soccer coach had blocked himself from sportsbooks by the time he found prediction markets.
Tax on destination wedding outside India: Will income tax apply on gifts in form of cash, property, gold jewellery? Know the rulesWhether it is cash, gold, car, or even a property, if gifted to the bride or the groom on their wedding, no tax would be levied on the gift...
US, Europe dominate FPI flows, Singapore & Mauritius lose outOverseas capital in Indian equities has shifted structurally, with US and European investors now dominating over traditional tax havens lik...
Delhi High Court upholds Mauritius tax treaty benefits, overturns AAR ruling against Tiger GlobalThe Delhi High Court has ruled in favor of Tiger Global, dismissing the tax department's claim that the firm's Mauritius-based entities wer...
Angel tax-hit venture funds reach out to CBDT for reliefThey are now planning to seek an expansion of the list of countries from where entities are eligible for tax exemption, or protective measu...
Many FPIs coming via tax-friendly countries asked to pay tax on dividendThe Income Tax department had sent queries to these offshore entities asking why their dividend incomes should not be taxed. Foreign funds,...
Tax havens could come in the way of cross-border insolvency lawsTax havens could come in the way of cross-border insolvency laws, with Videocon Oil and Nirav Modi's Firestar International, two recent exa...
G7 allows India to tax digital MNCs; government officials, experts feel this isn’t enough“The question for India is whether taxing 20% of total net profits is enough to let go of the equalisation levy … India should push for a m...
Tesla Motors will route its India investment through Dutch armTesla Motors Amsterdam is the parent company for Tesla Motors and Energy India, indicating that the Elon Musk-led electric car maker has us...
Cayman Islands top choice for FPIs to invest in IndiaA key reason for this popularity is Sebi’s liberalised rules for FPIs that allowed structures like Segregated Portfolio Companies or SPCs. ...
Tax-wary PE funds look to recast investment armsMany tax experts opine that such tax demands cannot be made in such a situation as the government gave a leeway under permanent establishme...
How far is GAAR? It’s for FPIs to pick between treaty benefits & tax scrutinyThe I-T rules provide that GAAR provisions shall not be applicable to any FPI in case it chooses not to avail tax-treaty benefits, among ot...
- G20 countries should tackle tax havens: Oxfam
Ahead of G20 meet in South Korea, think-tank Oxfam said the bloc of 20 countries should devise methods to tackle tax havens, so that the in...
- India tops Forbes list for increase in tax misery score
India has earned a dubious distinction of being the country adding maximum teeth to its tax regime since last year, says a study by Forbes.
- China has harshest tax regime in Asia: Forbes
China has the harshest tax regime in the Asia-Pacific region while Hong Kong offers the friendliest, Forbes Asia business magazine said in ...