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 February 2019.

The Kingdom of Saudi Arabia introduced the transfer pricing regulation, thus marking a new beginning in the international taxation amongst GCC countries. Apart from this, there have been some crucial announcements and rulings in the areas of direct tax, transfer pricing, and indirect tax. In this issue of Tax Street, we have tried to collect and coalesce all such significant developments to draw a holistic picture of the current tax landscape in India for your understanding.

  • The ‘Focus Point’ section talks about the Transfer Pricing By-Laws for the Kingdom of Saudi Arabia released by The General Authority of Zakat and Tax (GAZT/Authority) on 15 February 2019.
  • Under the ‘From The Judiciary’ , 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