Place of Effective Management (POEM) Impacts Foreign Companies Setting Context (Place of Effective Management) POEM Impacts Foreign Companies those may be trying to evade taxes by merely having incorporation or a set of directors operating from outside India while in …
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read moreOverseas Direct investment (ODI) is regulated by the Reserve Bank of India and the Government of India under Foreign Exchange Management Act [FEM (Transfer of issue of any foreign security) Regulation, 2004] through Notification FEMA 120/2004-RB, dated 7.7.2004. Till a …
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read moreIndia is one of the faster growing economies in the World clubbed with highest working population and largest consumer of goods and services. Every business house is eyeing to participate in India’s growth story. They are looking for appropriate entry …
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read moreTaxability of reimbursement of expenses in the hands of Non-resident recipient is extremely litigated issue. The payers of the reimbursement is always in an extremely confusing state of mind. There are so many conflicting decision of various Courts which further …
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read moreMultilateral Instrument- A Big Challenge for tax professionals Multinational Entities (MNE) through aggressive international tax planning are shifting profit to the locations where they are paying no tax or very less tax. Being mindful of this fact, more than 100 …
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read moreWithholding Tax U/S 195 of Income Tax Act – Practical Approach Section-195 of the Income Tax Act (ITA) is one of the important ‘compliance gate’ for tax collection from Non-resident. As this Section provides tax to withhold on any payments …
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