The Annual Union Budget exercise is round the corner. This year has been a landmark year with the implementation of the new indirect tax regime GST and we have been in touch with you in understanding the legislative and procedural issues. We will be continuing that exercise and would be having a separate section on GST related issues. You could continue to share your concerns for their inclusion in the pre-budget memorandum and our discussions with the Government.
On the direct tax front, there were several amendments during the year for eg (revised safe harbour provisions, final POEM rules, secondary adjustment guidelines, indirect transfer rules etc). We intend to capture the impact of these announcements and corresponding issues if any. Apart of from these we also need to understand from you issues apart from the amendments listed above.
The issues maybe presented in the following format with a clear segregation into Direct and Indirect taxes, by September 10, 2017 at email@example.com