In the past year, the Indian government introduced many significant corporate and tax changes to India’s corporate social responsibility (CSR) regime (Read our update on CSR regime here), culminating in FAQs released last month. This presentation by Majmudar & Partners consolidates the law on the subject and assesses the overall impact of the changes.
Delhi High Court rules on non-applicability of higher withholding tax rate
In the Air India Limited case, the Delhi High Court has, once again, reiterated that for payments made by an Indian tax resident to a non-resident, the Indian payor will be correct in applying the withholding tax rate prescribed under the double taxation avoidance...