Dilasha Seth
Business Standard
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Past articles by Dilasha:
Developing nations to gain 1% corp tax from digital tax deal: top OECD exec
Read more about Developing nations to gain 1% corp tax from digital tax deal: top OECD exec on Business Standard. In a Q&A, Pascal Saint-Amans, director at Centre for Tax Policy and Administration, OECD says global digital tax and digital service tax by individual countries can't co-exist → Read More
India, other G24 member nations back gradual Google tax pullback
Read more about India, other G24 member nations back gradual Google tax pullback on Business Standard. The stand by the emerging markets grouping could potentially derail the finalisation of the global multilateral solution to tax large digital companies → Read More
Supplies to IT/ITeS parent firms eligible for refunds, clarifies CBIC
Read more about Supplies to IT/ITeS parent firms eligible for refunds, clarifies CBIC on Business Standard. The move comes as a major relief to several entities that were denied refunds when they were exporting services to their parent or subsidiary companies abroad → Read More
GST Council likely to reject CCI plea for exemption of indirect tax
Read more about GST Council likely to reject CCI plea for exemption of indirect tax on Business Standard. Fitment committee recommends rejecting MoSPI request for a waiver → Read More
Formal sector, administration raises tax kitty 29% in Apr-July from FY20
Read more about Formal sector, administration raises tax kitty 29% in Apr-July from FY20 on Business Standard. Year-on-year, the collections grew by 83%. This growth was misleading since it comes on a 30% drop in tax mop-up a year earlier → Read More
Cairn Energy to drop cases against India, accepts $1-billion offer
Read more about Cairn Energy to drop cases against India, accepts $1-billion offer on Business Standard. Vedanta is also likely to withdraw arbitration → Read More
GST collection declines to Rs 1.12 trillion month-on-month in August
Read more about GST collection declines to Rs 1.12 trillion month-on-month in August on Business Standard. The mop-up during the month is 30% higher than the levels in the same month last year and up 14% over 2019-20 → Read More
FinMin summons Infosys chief Salil Parikh over bugs in income tax portal
Read more about FinMin summons Infosys chief Salil Parikh over bugs in income tax portal on Business Standard. The ministry of finance is inundated by complaints relating to the malfunctioning of the new e-filing income tax portal, which was launched two-and-a-half months ago → Read More
GST collection recovers to a 3-month high of Rs 1.16 trn in July
Read more about GST collection recovers to a 3-month high of Rs 1.16 trn in July on Business Standard. Mop-up comes on the back of lifting of Covid curbs by states, will give govt elbow room to ramp up spending for growth revival → Read More
What explains China's sizeable presence in India's import basket
Read more about What explains China's sizeable presence in India's import basket on Business Standard. Merchandise imports from the country more than doubled in April YoY → Read More
French court allows Cairn to seize 20 Indian govt properties in Paris
Assets are worth more than £20 million; FinMIn says no communication received in the matter Cairn is also eyeing assets in US, UK, Canada, Singapore, Mauritius and Holland → Read More
GST collections fall below Rs 1-trn mark after eight months in June
Read more about GST collections fall below Rs 1-trn mark after eight months in June on Business Standard. Hit 10-month low due to second wave; experts say mop up is better than expected, will provide a cushion to govt to ramp up spending → Read More
GST collection sets new record high at Rs 1.41 trillion in April
Read more about GST collection sets new record high at Rs 1.41 trillion in April on Business Standard. The GST revenues during April 2021 are the highest since the introduction of GST, says govt → Read More
Govt likely to tweak RoDTEP scheme amid outcry over refund rates
Read more about Govt likely to tweak RoDTEP scheme amid outcry over refund rates on Business Standard. The new scheme aims to refund to exporters the embedded non-creditable central, state and local levies paid on inputs. → Read More
Contradictory AAR verdicts on CSR under GST regime baffle companies
Read more about Contradictory AAR verdicts on CSR under GST regime baffle companies on Business Standard. Recently, the Uttar Pradesh AAR had held that CSR spend by companies is eligible for input tax credit → Read More
Govt files appeal against $1.2-billion Cairn arbitration verdict
Read more about Govt files appeal against $1.2-billion Cairn arbitration verdict on Business Standard. Will also contest the enforcement in other jurisdictions, including the UK, US → Read More
WPI inflation spikes to a 27-month high in Feb owing to costlier food, fuel
Read more about WPI inflation spikes to a 27-month high in Feb owing to costlier food, fuel on Business Standard. Wholesale inflation rose to 4.17% in February as against 2.03% in the previous month → Read More
India's industrial output slips back into negative territory in January
Read more about India's industrial output slips back into negative territory in January on Business Standard. Industrial output shrinks 1.6% in January → Read More
India undeterred by Cairn, will defend stand in arbitration row: Sources
Read more about India undeterred by Cairn, will defend stand in arbitration row: Sources on Business Standard. India is in the process of filing an appeal at The Hague over the $1.4 billion arbitration award, sources tell Business Standard. → Read More
Google tax mop-up rises 64%, Bengaluru and Hyderabad top the list
Read more about Google tax mop-up rises 64%, Bengaluru and Hyderabad top the list on Business Standard. This complements improvement in direct tax collection, with contraction narrowing to 9.6 per cent as on January 7 → Read More