Importance of Significant Economic Presence (SEP)

/ Significant Economic Presence – Understanding the Implications- Indian Tax Laws The principles of “nexus” and “profit allocation” have long served as the foundational pillars of the global taxation landscape. However, the rapid digitalization of the world is continuously challenging the efficacy of these foundational pillars with businesses increasingly switching to efficient operational models that […]

Tax Compliance Matters: The New MSE Supplier Payment Rules India

/ Tax Compliance Matters: The New MSE Supplier Payment Rules For foreign companies operating in India through subsidiaries, keeping up with the country’s evolving tax regulations is crucial for maintaining compliance and avoiding penalties. One recent amendment that has garnered significant attention is the change in tax provisions related to payments made to Micro and […]