Budget session: PM Modi Hopes For Breakthrough On GST

As the Budget session of Parliament resumed today, Prime Minister Narendra Modi hoped there will be a breakthrough on the Goods and Services Tax (GST) bill and that issues will be discussed in a democratic manner. “We hope that there will be a breakthrough on the GST because all states have positively cooperated. All political … Continue reading Budget session: PM Modi Hopes For Breakthrough On GST

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CBDT Signs Bilateral APA With Japanese Firm

The Central Board of Direct Taxes has signed a bilateral Advance Pricing Agreement (APA) with the subsidiary of a Japanese company as it looks to reduce litigations by providing certainty in transfer pricing. The total number of bilateral APAs signed with various Japanese subsidiaries has thus reached five, all with rollback provisions, a Finance Ministry statement said. Four APAs … Continue reading CBDT Signs Bilateral APA With Japanese Firm