All posts by nangia

Budget 2018 with Nangia Advisors(Video Series)- Tax and Transfer Pricing Budget Expectations- Amit Agarwal

The current safe harbour rules to provide certainty of transfer pricing and taxation of captive centres in India are restricted to small centres — and without extending it to high value research-oriented activities. India could attract additional foreign investments in R&D by extending safe harbour rules to all types and sizes of such centres in India.   Here is Amit Agarwal, Partner sharing  Tax and Transfer Pricing expectations from Budget 2018.
budget expectations

ITAT upholds Income Tax deparment’s assessment against Vodafone- Nitin Narang

The income tax appellate tribunal (ITAT) has upheld the arm’s length price (ALP) adjustment against Vodafone India Services by the income-tax department. However, the Ahmedabad bench of the tribunal said that the department needed to modify the order that attributed Rs 1,588 crore as business income to the assessee and recalculate the liability of the firm under capital gains. Nitin Narang, Executive Director shares his views on aforementioned story for following publications:
  1. Business Standard
  2. Financial Express

Budget 2018- Global tax race for foreign investment- Rakesh Nangia

Foreign investment benefits the host countries, bringing in technical know-how, enhancing work force skills, increasing productivity, generating business for local firms, and creating better-paying jobs. Lowering the corporate tax rate sends a powerful message to corporates and global investors.  Would FM take a cue from these changes and propose suitable changes in Budget 2018 to make India the favourite destination for foreign investment? Rakesh Nangia, Managing Partner contributed an article on Budget 2018: Global tax race for foreign investment for Hindu Business Line.

Budget 2018 with Nangia Advisors(Video Series)- Real Estate Budget Expectations- Shailesh Kumar

Budget 2018: The year 2017 was big for the Indian real estate sector when it came to changes in its regulatory framework. India is now way more appealing to both international and Indian investors. Going forward in 2018, increased consolidation and transparency which are fair results of the landmark policy changes will further incentivize them to get a foothold in the Indian real estate market.   Shailesh Kumar, Director- Direct Taxation shares his real-estate expectations from Budget 2018.  
real-estate-budget-expectations-shailesh-kumar