The recent few years have stood witness to changes, both unanticipated and significant, in terms of the economic turmoil and changing paradigm. Operating in different geographies is no longer just a next step in the growth phase of a business but also a must from a supply-chain diversification and risk hedging point of view. While businesses grapple with geopolitical and economic dynamics, it is equally important to keep the tax and other operating considerations in mind to avoid unpleasant surprises. This half day seminar aims to give the participants a quick snapshot of some key developments on this front, both in India and outside.
Global events in the recent four years have permanently changed the destiny of world trade. As the world resets to a new world order where the big is no longer infallible, new treaties and business pacts are emerging to shape world trade. The tax function has an important role to play in ensuring business seize these opportunities. As India moves forward with an aim for Vikshit Bharat, is our tax administration headed in the right way dispensing justice to investors as a super power? The first session will explore the discernible trends from India’s tax rulings and positions taken at Supreme Courts and how does the finance function aim to reduce uncertainties and unlock business value and earn faith of investors and stakeholders.
Cross border payments by Indian entities and related withholding tax aspects is an area the tax function can never lose sight of. The Indian jurisprudence on the matter continues to develop. In the second session, we aim to cover some nuances that the tax team needs to be mindful of while evaluating tax considerations for outward remittances.