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 webinar on 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:
