In this era of globalisation, an individual’s earnings is often from across the border. He can be a resident of one country, but earning income from other countries in a particular financial year. Such a situation is an indicator of progress and increased opportunities for an individual. However, at the same time issues and complexities surrounding taxation of such income in home country of the individual or at source country often gives sleepless nights to the individual. Shailesh Kumar, Director- Direct Taxation contributed an article on How offshore income could be taxed twice for Financial Express.

The Central Board of Excise and Customs (CBEC) on Friday issued draft rules on Electronic Way (e-way) bill that will require registered entities to furnish, in a prescribed format, GST-Network (GSTN) website information relating to any goods worth more than Rs 50,000 they intend to move within a state or outside.

1. Rajat Mohan, Director- Indirect Taxation shares his views on aforementioned story for PTI.

(This news has been picked up 217 other news publication like Economic Times, Business Standard, New Indian Express, The Hindu, Livemint, BloombergQuint etc.)

2. Rajat Mohan, Director- Indirect Taxation shares his views on Centre, states taxmen to decide services rate in GST this week  for PTI.

(This news has been picked up 102  other news publication like Economic Times, Business Standard, Livemint, Deccan Herald, DNA, Business Today etc.)  

The income tax department has asked financial institutions (FIs) to ask their non-resident US-based account holders to provide self-certification of their 2014-15 (July-August) accounts by April 30. If norms under the Foreign Account Tax Compliance Act (FATCA) are violated, these accounts will be blocked till the self-certification is received. Rakesh Nangia, Managing Partner shares his views on aforementioned story for Business Standard.