These are changing times in India with dynamic change happening in every aspect of Indian economic society and fiscal laws are also evolving around such changes in the economy. This budget 2018 has primarily focused its spending on social economic sector of India.
There have been few rationalizations in direct and indirect tax focusing on ease of doing business. GST being an ever evolving Indian law has not been touched by the finance minister in this Budget.
The budget has also tried to bring in certain stringent anti avoidance measures such as prosecution in case of non-filing of corporate returns, compulsory applicability of PAN in case of directors of the company etc.
We believe our Budget analysis 2018 available for download below, will help you to understand the fine print of many changes brought it by this budget in the areas of economic outlook, International tax, transfer pricing, direct tax and indirect tax.
Hope you enjoy reading our analysis of Budget 2018.
Source: Rajat Chawla is TPA Global Member in India.
With the fast growth of China’s economy and the continuous improvement of the comprehensive strength of domestic enterprises, as well as the implementation of the “One Belt, One Road” policy, an increasing amount of Chinese enterprises are beginning to expand their global footprint and establish their presence in Europe.
TPA Global has developed a practical roadmap of 6 steps meant to guide CFOs in their Journey of rising above troubles to reach a situation of full control. These steps are presented in a series of short video clips (3-5 minutes):