Arun Jaitley, India’s new finance minister, delivers his first Budget speech at the beginning of next month and taxpayers in India, as well as potential foreign investors, are hopeful of a general simplification of the country’s indirect tax system and specific detail on the implementation of the goods and services tax (GST) regime.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap