We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation in India and across the globe for the month of August 2019.

The Task Force Report on the Direct Tax Code as an amendment to the Income Tax act of 1961 has come as a great relief to taxpayers in India. In an endeavor to bridge the gap between the taxpayers and the tax authorities, the new law propagates the business sense of the country.

  • The ‘Focus Point’ section sheds light on the key takeaways from the Task Force Report on the New Direct Tax Code while highlighting the path it may pave for businesses in the country.
  • Under the ‘From the Judiciary’ section, we provide in brief, the key rulings on important cases, and our take on the same.
  • Our ‘Tax Talk’ provides key updates on the important tax-related news from India and across the globe.
  • Under ‘Compliance Calendar’, we list down the important due dates with regard to direct tax, transfer pricing and indirect tax in the month.

We hope you find our newsletter useful and we look forward to your feedback. You can write to us at taxstreet@skpgroup.com. We would be happy to hear your thoughts on what more can we include in our newsletter and incorporate your feedback in our future editions.

Warm regards,
The SKP Team