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India TaxHour - Quarterly Tax Updates

Confidence to lead through uncertainty

Join us in uncovering tax insights from October – December 2019

Previous Webcast

Quarter: October - December 2019

Date: 22 January 2020

The final quarter of 2019 has brought in some significant tax changes which have multiple effects. Tune in to understand the business implications of the following developments:

  • Recent direct tax rulings on issues relating to taxation of goodwill, tax exposure of Liaison Offices, interplay between amendments in domestic tax law and existing tax treaty provisions, Dividend Distribution Tax, etc.
  • Key tax updates including the changes introduced in 'The Taxation Laws (Amendment) Act 2019' as compared to 'The Taxation Laws (Amendment) Ordinance 2019'
  • Key issues relating to claiming weighted deduction on salaries paid to new employees-the only significant tax incentive now available under the lower corporate tax rate regime brought about by the 2019 Ordinance
  • Key changes in the indirect tax landscape - push towards e-invoicing, implications of the WTO recommendations on India's export subsidies, automated refunds and other key updates

Our Subject Matter Experts for the session are:

• Ashutosh Dikshit, Direct tax and Tax Policy
• Jimit Devani, Direct tax
• Prashanth Bhat, Indirect tax
• Rashmi Maskara, Direct tax

Tune in to the recording to gain insights.  

Quarter: July – September

Date: 23 October 2019

The second quarter of 2019 has witnessed seminal changes in the areas of direct and indirect taxation that can impact your business.

Tune in to understand the business implications of the following developments:

  • Important direct tax circulars and notifications
  • Practical insight pertaining to the impact of Multilateral Instruments (MLI) in case of some tax treaties
  • Recent direct tax rulings on re-characterisation of compulsorily convertible debentures into equity shares, and taxation of shareholders in case of non-compliant conversion of company into LLP
  • Recent indirect tax case laws, circulars, and notifications on issues related to intermediary services, secondary or post sales discount, in bond manufacturing etc. under GST

Tune in to the recording to gain insights

Quarter: April - June

Date: 7 August 2019

The tax landscape has witnessed a spate of developments in the quarter that went by. These changes could have a bearing on your business and tax processes.  

Join us on the webcast to understand the business implication of the following developments:

  • Recent changes in tax laws -

– Ratification of Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting Instrument (MLI) by the Indian Government.

– Recent developments in customs 

– E-invoicing system under Goods and Service Tax (GST)

– Key changes in the new GST returns format and the return filing system

  • Recent direct tax rulings on -

– Business restructuring transactions. 

– Fees for Technical Services (FTS). 

  • Deductibility of goodwill amortisation.
  • Beneficial ownership of shares and impact on carry forward of tax losses. 

Tune in to the recording to gain insights.

Quarter: January - March

Date: 24 April 2019

The tax landscape is shifting and yielding a fundamentally different future. There have been a slew of developments in the first three months of 2019, which can significantly impact your business.

Tune in to understand the business implication of the following developments:

  • Recent rulings on fees for technical services, taxability of share premium, tax sparing credit, permanent establishment
  • Recent notification with respect to angel-tax exemption issued by the Central Board of Direct Taxes and Department for Promotion of Industry and Internal Trade
  • Anti-profiteering and advance rulings on varied issues
  • Recent GST notifications and Circulars and GST Amendment Act

Tune in to the recording to to gain insights.

Quarter: October - December

Date: 9 January 2019

Today’s tax and business environment is characterised by volatility and change. Through this session, our effort is to provide you with broader perspectives to help you assess and respond to emerging issues from multiple angles.

Tune in to understand the business implication of the following developments:

  • Recent court ruling on GAAR;
  • Fees for technical services;
  • Allowability of non-compete fees
  • Recent advance rulings in relation to tax positions of the outsourcing/ BPO, financial services, telecom sector;
  • Key amendments/ clarifications and other advance rulings in context of canteen services and lottery business;
  • Key notifications/ circulars issued by the Central Board of Direct Taxes.

Quarter: July - September

Date: 10 October 2018 

The tax landscape is changing rapidly. Regulatory changes, increased information requirements, technological advancements, organisational scrutiny, and efficiency expectations— everything about the tax world is in flux. In a tax environment of competing, and sometimes, conflicting demands, Deloitte Tax is here to deliver greater clarity–to lead with confidence.

The income-tax jurisprudence on permanent establishments continue to be in the limelight; more changes and advance rulings on GST could be expected.

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