Professional Services

India’s Grand Slam entry into the Aussie markets!

India’s Grand Slam entry into the Aussie markets!

After concerted efforts since 2011, an Economic Cooperation and Trade Agreement (ECTA) was signed in April 2022 between India and Australia, thus paving the way…

NCLT allows amalgamation while rejecting invocation of GAAR

NCLT allows amalgamation while rejecting invocation of GAAR

Recently, the National Company Law Tribunal, Chandigarh Bench (Tribunal), while approving the Scheme of Amalgamation [(Re Panasonic Life Solutions India Private Limited CP.

Summary of Public Consultation Document issued for UAE Corporate Tax

Summary of Public Consultation Document issued for UAE Corporate Tax

On 31 January 2022, the UAE Ministry of Finance announced the introduction of Federal Corporate Tax (CT) in UAE w.e.f. 1 June 2023. While the…

UAE Introduces Corporate Income Tax

UAE Introduces Corporate Income Tax

As expected, United Arab Emirates (UAE) have announced the introduction of Corporate Income Tax on 31 January 2022. As a signatory to the Two Pillar…

Amendments to SEBI LODR and its impact on Related Party Transactions

Amendments to SEBI LODR and its impact on Related Party Transactions

Over the years, Related Party Transactions (RPT) have become a key focus area for the board of directors, not only from a tax perspective but…

Are you compliant with FATCA/CRS regulations in UAE?

Are you compliant with FATCA/CRS regulations in UAE?

Foreign Account and Tax Compliance Act (FATCA) is a US legislation that aims to combat tax evasion by US persons. In 2010, the US enacted…

Intangible Asset Valuation – Valuing Customer Relationships

Intangible Asset Valuation – Valuing Customer Relationships

Intangible asset valuation is a complex process. Though these assets do not have any physical substance, they are at the heart of any business's success.…

Digital Assets – Special Tax Law for Cryptocurrency and Non-fungible Tokens

Digital Assets – Special Tax Law for Cryptocurrency and Non-fungible Tokens

India has become one of the largest markets for cryptocurrencies with Indians parking nearly USD 6.6 billion in cryptocurrencies until May this year, compared to…

Tax Street – January 2022

Tax Street – January 2022

We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm…

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