Multinational corporations will be subject to a minimum tax of 15% from 2023, in a major reform of the international tax system finalized by the OECD on 8th Oct 2021.
Read the analysis and implications of the legal contentions discussed in the notable judgment of Leena Power Tech Engineers Pvt Ltd.
The Bill proposes to amend the Act and abolish the retrospective tax on indirect transfer of Indian assets, if the transaction was undertaken before 28 May 2012.
Read about the Office Memorandum F. No. CSR-05/1/2020-CSR-MCA, issued by the Ministry of Corporate Affairs to regulate the CSR activity of corporates during the pandemic.
