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Member Articles


Highlights of India's Union Budget 2026-27

We are pleased to share a comprehensive overview of the Highlights of India's Union Budget 2026–27 (Please click here to view the detailed analysis of Union Budget 2026), presented by the Hon'ble Finance Minister in he ...

Indian Union Budget 2024 Synopsis

The Finance Minister unveiled the Indian Union Budget for 2024-25 yesterday. Please find below the summary of the same. Also, click here to view the highlights: Summary: The Final Budget 2024 was introduced by the new ...

Indian Union Budget 2023 Synopsis

Union Budget 2023 has set the standards of fiscal prudence maintained by the Finance Minister Nirmala Sitharaman. Our finance minister has managed to deliver the balanced Union Budget despite the fact that a lot was ridi ...

India FDI Approvals in Case of Chinese Investors

In an attempt to curb opportunistic takeovers/acquisitions of Indian companies, the Government of India issued Press Note No. 3 (2020 Series) dated April 17, 2020, restricting foreign direct investment from Neighbouring ...

NCLT Ruling in Panasonic Merger Case: An Affirmation of Tax-payer’s Rights to Conduct Affairs Tax-Efficiently

Background The Chandigarh Bench of National Company Law Tribunal (“NCLT”) rejects Income-tax Department’s (“ITD”) plea to deny sanction to amalgamation by invoking General Anti Avoidance Rules (“GAAR”) and ...

Secondment of Employees – A Taxable Service

The Hon’ble Supreme Court of India recently held that an Indian company1 is liable to pay Service tax under reverse charge mechanism for secondment of employees by foreign group companies to an Indian company as it wil ...

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