The Interim Budget this year is being considered on par with a full-fledged Budget and expectations are that there could be new tax provisions. Convention says that there should not be any proposal to amend tax laws in the Interim Budget, but rules do not debar the same. Rakesh Nangia, Managing Partner shares his expectations from interim budget, 2019 for Hindu Business Line.

The India-Hong Kong DTAA was signed on March 19 this year and came into force on November 30 after the governments of India and Hong Kong completed the relevant procedures required by their laws. Now, the Indian government on December 21 notified the DTAA, giving effect to the provisions of the tax treaty throughout the country. Rakesh Nangia, Managing Partner shares his views on aforementioned story for Hindu Business Line.

Dear All Chartered accountants are in a tizzy following a recent Supreme Court order that upheld the right of the regulator to haul them up for misconduct, not related to professional work. This makes any act by a chartered accountant that brings disrepute to the profession, whether or not in the professional domain, open to disciplinary scrutiny and action. Rakesh Nangia, Managing Partner shares his views on aforementioned story for Business Standard.

India and China on Monday amended their bilateral Double Taxation Avoidance Agreement (DTAA) to prevent tax evasion through exchange of information. Rakesh Nangia, Managing Partner shares his views on aforementioned story for following India-China amends double taxation avoidance treaty