International Tax Review is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2023

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Budget presents Jaitley and Indian government with big opportunity

Dhruva Tax Advisors and International Tax Review will present an analysis of the Indian Budget shortly after it is announced on Monday.

Taxpayers will be listening eagerly on Monday (Register here for the free budget webinar at 10.30 am EST / 3.30 pm GMT / 9pm IST)  to the first Indian Budget announcement since the BEPS outcomes were unveiled last year. Companies will want to know how the government plans to integrate, build on or ignore the measures announced by the G20 and OECD. They will also want to learn what the government's plans are for the implementation of the GST Bill, a key piece of legislation, which finally appears to be close to parliamentary approval.

Arun Jaitley, the finance minister, will also need to reassure taxpayers that the government is intent on sticking to its vow to create a friendlier tax system for multinational companies. In the same week, earlier this month, that Narendra Modi, the prime minister, talked about a “transparent, stable and predictable” tax regime, the tax department demanded $2 billion in retrospective taxation from Vodafone arising from the telecommunications’s company’s purchase of a 67% stake in Hutchison Essar in 2007. 

Dhruva Tax Advisors is partnering with International Tax Review to present a webinaron the day of the Indian Budget 2016-17, where our experts will discuss the economic and tax proposals in the budget and analyse their key implications.

The discussion, moderated by Ralph Cunningham, managing editor of International Tax Review and led by Dhruva CEO Dinesh Kanabar, will be broadcast live at 10.30 am EST / 3.30 pm GMT/ 9PM IST on Monday, February 29 2016. Register for the webinar using this link:  

https://www.brighttalk.com/webcast/720/194553

more across site & bottom lb ros

More from across our site

An intense period of lobbying and persuasion is under way as the UN secretary-general’s report on the future of international tax cooperation begins to take shape. Ralph Cunningham reports.
Fresh details of the European Commission’s state aid case against Amazon emerge, while a pension fund is suing Amgen over its tax dispute with the Internal Revenue Service.
The OECD’s rules may be impossible for businesses to manage, according to tax experts from companies including Shell.
The UK government is now committed to replacing the ‘super-deduction’ with a 100% capital allowances regime to offset the impact of the corporate tax rise to 25%.
Corporate tax is set to rise in the UK for the first time in decades, but the headline rate remains historically low despite what many observers think.
President Joe Biden’s nominee is set to be confirmed as IRS commissioner for a five-year term.
British companies are waiting to hear the details of what will replace the 130% ‘super-deduction’ next week, while Spain considers stopping a major infrastructure company moving to the Netherlands.
President Joe Biden wants to raise corporate tax and impose a higher stock buyback tax on US businesses, but his budget proposal faces insurmountable obstacles in Congress, writes Ralph Cunningham.
EY is still negotiating the terms of the plan to split its audit and consulting functions, but the future of tax services is reportedly a sticking point.
Country-by-country reporting is the best option for safe harbour provisions under the global anti-base erosion rules, according to tax directors at companies including Standard Chartered Bank and Pernod Ricard.