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India-Mauritius tax treaty amendment: Potential impact on foreign investments

The latest 2024 amendment which incorporates the Principal Purpose Test in the DTAA can potentially undo the ‘grand-fathering’ by throwing open even investments made before 2017 to fresh scrutiny. The amendment states that the new protocol “shall have effect without regard to the date on which taxes were levied or the taxable years to which the taxes relate.”

Elon muskDinesh kanabarHimanshu parekhPrincipal purpose testPrincipal purpose testDouble taxation avoidance agreementPrincipal purpose testTax treatyTreaty abuseCapital gains taxForeign investmentsTax jurisdictionIvidend incomeWithholding taxNdo mauritius tax protocolDalal street

Budget silent on extending tax concessions to new manufacturing cos

Budget silent on extending tax concessions to new manufacturing cos
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What India Inc s wants from Union Budget 2022

From approval of an input tax credit to a cut in indirect tax rates, from better policies to regulate the logistics industry to more funds to set up electric vehicle charging stations, India Inc has a long list of expectations from Finance Minister Nirmala Sitharaman, who will present the Union Budget on February 1.

Anurag guptaAshish puravankaraRicky kirpalaniNirmala sitharamanHimanshu parekhYogesh patelPramod kathuriaTarun mehtaSuhas rajkumarGoods services taxBrigade enterprisesUnion budget onFirst water capital fundIndia incCouncil on energyAther energy

What India Inc wants from Union Budget 2022

From approval of an input tax credit to a cut in indirect tax rates, from better policies to regulate the logistics industry to more funds to set up electric vehicle charging stations, India Inc has a long list of expectations from Finance Minister Nirmala Sitharaman, who will present the Union Budget on February 1.

Anurag guptaAshish puravankaraRicky kirpalaniNirmala sitharamanHimanshu parekhYogesh patelPramod kathuriaTarun mehtaSuhas rajkumarGoods services taxBrigade enterprisesUnion budget onFirst water capital fundIndia incCouncil on energyAther energy

Sale of Cairn shares by govt a bad decision? Legal experts weigh in

Once the December 2020 ruling of the international tribunal on the arbitration initiated by Cairn came overturning the levy of taxes on the reorganisation of India business that Cairn carried in 2006 before listing the local unit, "the government could have just released those shares and the matter would have ended," a leading tax expert says.

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