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India Tax News

SSA between Australia and India has Entered into Force

5 January 2016
New Tax Treaty between India and Thailand has Entered into Force

30 December 2015
Tax Treaty between India and Macedonia has Entered into Force

30 December 2015
India Issues Notice on Recent Decisions Concerning Minimum Alternate Tax, Transfer Pricing and Others

23 December 2015
Indian Court Rules Transfer Pricing Adjustment not Allowed without a Demonstrated International Transaction

17 December 2015
Indian Tribunal Holds that Make Available Clause Concerning Fees for Technical Services may be Incorporated by MFN Clause of the India-Dutch Tax Treaty

16 December 2015
India and Korea Sign MoU Agreeing to Suspend Tax Collection during MAP

16 December 2015
Protocol to the Tax Treaty between India and Japan Signed

14 December 2015
India Planning Legislation for CbC Reporting and Other BEPS Project Measures

9 December 2015
Indian GST Committee Suggests Standard GST Rate of 17% to 18%

8 December 2015
India Approves Signing of Protocol to the Tax Treaty with Japan

7 December 2015
India Announces Planned Phasing Out of Certain Exemptions and Deductions to Fund Corporate Tax Rate Cut

24 November 2015
Belarus Ratifies Protocol to the Tax Treaty with India

23 November 2015
UK Announces Tax Treaty and Protocol Negotiation Plans

18 November 2015
Brazil Approves Protocol to Tax Treaty with India

18 November 2015
Protocol to the Tax Treaty between India and Turkmenistan to be Signed

13 November 2015
India Increases Service Tax Rate to 14.5% with Additional Cess

13 November 2015
OECD Holds Inaugural Meeting for the BEPS Multilateral Instrument

12 November 2015
Indian Courts Hold that Taxpayers Must Be Given Valid Reasons for an Assessment to be Reopened

12 November 2015
Indian Tribunal Rules Transactional Net Margin Method to be Method of Last Resort in Cases of Imperfect Data

4 November 2015
India Authority for Advance Rulings Holds that Certain Services Considered FTS under China-India Treaty even if Not Rendered in the Other State

2 November 2015
India Establishes Committee to Simplify the Income Tax Act

29 October 2015
India Adopts Range Concept and use of Multiple Year Data for Transfer Pricing

26 October 2015
Protocol to the Tax Treaty between India and Israel Signed

16 October 2015
Tax Treaty between India and the Maldives under Negotiation

14 October 2015
OECD Publishes Final BEPS Package

6 October 2015
India Extends MAT Exemption to All Foreign Companies Meeting Certain Conditions

1 October 2015
Hong Kong and India Continue Tax Treaty Negotiations

25 September 2015
India Decides Not to Levy Minimum Alternate Tax on Foreign Investors

3 September 2015
India and Germany Agree to Continued Tax Information Exchange and to Negotiate Tax Treaty Revisions

2 September 2015
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