Withholding tax is a responsibility cast upon the payer and failure to withhold appropriate taxes shall result in liability to pay such taxes along with interest and penalty. But how far can the taxman go back in time to cast these liabilities. Rakesh Nangia, Managing Partner contributed an article on Withholding tax: Deduction must if payment made top NRIs for Financial Express.

For the first time, the consolidated FDI policy (released on August 28, 2017) lists start-ups as a separate section. This shows that start-ups are on the government’s top agenda. The policy allows start-ups to raise foreign money from VC funds and other investors through instruments such as convertible notes. Start-ups can issue equity or equity-linked instruments to foreign VC investors. Rakesh Nangia, Managing Partner and Neetu Singh, Director- Direct Taxation contributed an article on “MORE POWER TO INDIAN START-UPS” for Financial Express-  Opinion page

Following raids on benami property and questionable cash deposits  during demonetisation, tax officials are now going after firms based in New Delhi and Mumbai that help create black money by issuing fake invoices to companies. Rakesh Nangia, Managing Partner shares his views on aforementioned story for Economic Times.