Understanding the Indian Art Market The Indian art market comprises a number of stakeholders performing different roles. The primary art market includes the relatively new and unknown artists, along w...
August 31, 2020
Income-tax Act, 1961 (“IT Act”) provides for certain anti-avoidance provisions, like Section 56(2)(x) and Section 50CA, which seek to impose tax on certain assets, that were received or transferre...
July 8, 2020
Introduction The Hon’ble Finance Minister, Ms Nirmala Sitharaman, had presented the Union Budget for the financial year 2020-21 on February 1, 2020, and introduced the Finance Bill, 2020 (“Bill”...
April 6, 2020
Putting to rest the speculation surrounding the Double Taxation Avoidance Agreement (DTAA) with Singapore, the Government of India has finally announced that it has been revised. This announcement was...
January 11, 2017
India and Cyprus have recently revised the Double Taxation Avoidance Agreement (DTAA) to be effective from April 01, 2017 and January 01, 2017 in India and Cyprus respectively. Before 2013, Cyprus was...
December 20, 2016
