India's Union Budget for 2018-19 was presented to Parliament on 1 February 2018. Significant proposals include the following:
- The introduction of a digital permanent establishment (PE) rule that, subject to applicable tax treaty provisions, would provide for the existence of a taxable significant economic presence of a nonresident in India, regardless of a physical presence, in the following cases:
- Any transaction in respect of any goods, services or property carried out by a nonresident in …