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Latest Thinking

GST Trends - October 2018

September has been a fire fighting month for tax payers to rework, decide eligibility and claim Input Tax Credits pertaining to financial year 2017-18. October and November month are going to provide no relief to them, as we have entered the GST Annual return and GST Audit zone. Being the first GST audit season, numerous uncertainties, clarifications and updates are expected to flow in the coming period.

Global Expansion Update

We are pleased to present the November issue of SKP Global Updates – our newsletter that covers employment, payroll, Goods and Services Tax (GST)/Value Added Tax (VAT) and corporate tax-related developments globally. The key highlights of this issue are - South Africa Postpones eServices VAT Changes, New-employer tax credit for paid family and medical leave available for 2018 and 2019 in the United States, New Tax Revenue Portal in Australia and Norway National Budget 2019. Key highlights of the Finance Act 2018 include: • The definition of dividends has been widened to include a crucial aspect that any amount paid by a company....

Updates

Revised External Commercial Borrowing Guidelines

The Reserve Bank of India (RBI) vide circular A.P. (DIR Series) Circular No. 17 (hereinafter referred to as the ‘Circular’) dated January 16 2019, issued new External Commercial Borrowing (ECB) Framework. It has been stated that the revised framework seeks to rationalize the extant framework for the ECB and Rupee Denominated Bonds in light of the experience gained to improve the ease of doing business. The new framework is instrument neutral...

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SKP Business Consulting LLP is a member firm of the “Nexia International” network. Nexia International Limited does not deliver services in its own name or otherwise. Nexia International Limited and the member firms of the Nexia International network (including those members which trade under a name which includes the word NEXIA) are not part of a worldwide partnership. Nexia International Limited does not accept any responsibility for the commission of any act, or omission to act by, or the liabilities of, any of its members. Each member firm within the Nexia International network is a separate legal entity.

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Latest Thinking

GST Trends - October 2018

Global Expansion Update

Updates

Revised External Commercial Borrowing Guidelines

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