Switzerland halts the unilateral application of the MFN clause under its tax treaty with India from 2025, following the Indian Supreme Court’s 2023 ruling.
IASB proposes amendments to IFRS 9 and IFRS 7 for better accounting of renewable electricity contracts, addressing practical issues and enhancing financial reporting clarity.
Explore the impact of Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024, and Foreign Exchange Management (Non-debt Instruments) Rules, 2024 on Indian companies listing overseas via IFSC GIFT City.
Unlock the U.S. market for your Indian business by understanding the role of the Employer Identification Number (EIN). Learn how to obtain an EIN, its benefits, and more.
Dive into the comprehensive guide on Residential Status & Tax Implications in India. Uncover the nuances of determining residency, taxability for residents, non-residents, and RNOR. Learn about exceptions, deemed residency, and the impact on global income.
Classification of royalties and fees for technical services as income in India according to the Income-tax Act, 1961. Explore the definitions and implications of these categories, as well as the concept of Tax Deducted at Source (TDS) and its rates for residents and non-residents.
Get ready for the new GST e-Invoicing threshold! Learn about the revised threshold, exemptions, and consequences of non-compliance with essential information for taxpayers.
