Taxbuzz | COVID-19 – Impact on Transfer Pricing Benchmarking

COVID-19 presents an unprecedented /extraordinary situation impacting the economic environment, which needs to be factored, while undertaking transfer pricing analysis of transactions effected during FY 2019-2020 and also in the next financial year. India is known to be one of the most aggressive TP jurisdiction.TP Team at Vaish Associates, Advocates has noted the following issues, […]

Corporate Alert – Foreign Trade Policy extended due to Pandemic Covid-19 by another one year i.e. up to 31st March 2021

In view of the unprecedented current situation arising out of the pandemic Novel COVID-19, the Ministry of Commerce and Industry issued a Press Release on March 31, 2020 announcing changes in the current Foreign Trade Policy (“FTP”) of the Government of India. Subsequently, the Director General of Foreign Trade issued Notifications/Public Notices/Trade Notices notifying several […]

Taxbuzz | The Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020

The Hon’ble Finance Minister vide press release on 24.03.2020, had announced various relief measures taken by the Government of India in the area of statutory compliances under the Income Tax and other allied laws in view of COVID-2019 outbreak. The relief/ measures announced by the Hon’ble Finance Minister have now been promulgated by the President […]

GST Cafe – Extension of Foreign Trade Policy 2015-2020

Hope this newsletter finds you in good health. We are pleased to share with you a copy of our latest publication – GST Café, a briefing on the extension of the Foreign Trade Policy 2015-20 and incentives thereunder on account of the COVID-19 pandemic. To read the GST Cafe, click at Download Newsletter. We trust […]

GST Cafe – Recent Developments Under GST – April 1, 2020

We are pleased to share with you a copy of our latest publication – GST Café, a briefing on recent relief given by the Ministry of Finance under indirect tax laws in view of the pandemic COVID-19. To read the GST Cafe, click at Download Newsletter. We trust that you will find the same useful. […]