India’s textiles industry is vast and diverse, but until recently, its global competitiveness in certain high-value categories has been limited. […]
Production Linked Incentive Scheme for Textiles Sector Read More »
The Scheme for Remission of Duties and Taxes on Export Products (RoDTEP) is one of the most significant changes in
Scheme for Remission of Duties and Taxes on Export Products (RoDTEP) Read More »
For nearly two decades, one of the most debated issues in Indian international taxation was whether payments to non-residents for
Taxability of Payment to Non-residents for Software as “Royalty” – Supreme Court Ruling Read More »
The Finance Act, 2020 brought a major change to the scope of Tax Collected at Source (TCS) by introducing sub-section
Tax Collected at Source (TCS) on Sale of Goods Read More »
When India went into lockdown in March 2020, the government, regulators, and the Reserve Bank of India quickly introduced a
Relief Measures in India due to COVID-19 Read More »
The sudden outbreak of COVID-19 and the nationwide lockdown in March 2020 created an immediate challenge for taxpayers across India.
Relaxation in Compliances under Goods and Service Tax law due to COVID-19 Read More »
The 39th GST Council Meeting, held on 14 March 2020, brought several important changes to simplify compliance, clarify rules, and
Amendments to GST law based on recommendation of 39th GST Council Meeting Read More »
The Companies’ Fresh Start Scheme, 2020 (CFSS-2020) was introduced by the Ministry of Corporate Affairs (MCA) to give companies a
Companies’ Fresh Start Scheme 2020 Read More »
The Finance Act, 2020 received Presidential assent on 27 March 2020, giving legal effect to the proposals introduced in the
M2K – Insight on Finance Act 2020 Read More »
The Finance Act, 2019 introduced sweeping changes to the Indian Stamp Act, 1899, particularly in relation to securities transactions. Until
M2K Alert – Stamp duty implications pursuant to amendment in FA 2019 Read More »
The Ministry of Corporate Affairs (MCA) introduced the Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2020, to strengthen
M2K-Alert-Whole-time CS And Secretarial Audit Read More »
Corporate restructuring through amalgamation often creates complicated intersections between company law and income tax law. A recurring issue arises when
On 20 September 2019, the Government of India announced a sweeping set of tax reforms that changed the way companies
The Companies (Amendment) Act, 2019, published in the Gazette on 31 July 2019, represents a significant milestone in India’s ongoing
Key takeaways from Companies (Amendment) Act, 2019 Read More »
The Ministry of Corporate Affairs (MCA), through its notification dated 22 January 2019, introduced Form MSME-I, a mandatory filing aimed
Form MSME-I – Related Interpretations and analysis Read More »
The concept of Significant Beneficial Ownership (SBO) was introduced to uncover the true individuals controlling companies that often hide behind
Demystifying Significant Beneficial Ownership under Cos Act, 2013 Read More »
On 11 October 2018, the Ministry of Corporate Affairs (MCA) issued a notification amending Schedule III of the Companies Act,
Amendments to Schedule III of Companies Act, 2013 (Format of Financial Statements) Read More »
On 13 June 2017, the Ministry of Corporate Affairs (MCA) issued a notification granting significant relaxations and exemptions to Private
Relaxations/ Exemptions to Private Limited Companies Read More »
When an Indian company pays a non-resident and wants to apply a reduced tax rate under a Double Taxation Avoidance
Electronic Filing of Form 10F Read More »
When you walk into a store and pick up a packaged product, everything printed on that label — from the
Pre-Packaged Commodities – Labelling Requirements Read More »
