Understanding GAAR (General Anti-Avoidance Rules)..
Consider a situation where a foreign entity provides loan to an Indian company and receives interest which is not fixed but linked to profits. Or consider a treaty between India…
Budget Trends – Increasing Tax/GDP Ratio and Capital Expenditure..
With various announcements in the budget for 2017-18, two important trends that emerge are the thrust on increasing tax/GDP ratio and increasing capital expenditure. For the first time after FY08,…