Policy Updates
Policy Updates
India adopts Country-by-Country Reporting, according to BEPS Action Plan 13
14 May, 2016
Multi-nationals entities in India with an annual consolidated group turnover of over EURO 750 million (roughly equivalent to Rs. 5,500 crores) would be required to report on the following on a disaggregated, country-by-country basis, instead of a...
India signed Multilateral Competent Authorities Agreement (MCAA) for exchange of Country-by-Country reports between countries
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12 May, 2016
India has signed the Multilateral Agreement for automatic exchange of country-by-country reports filed by multi-national entities with the tax authority of the jurisdiction of tax residence of that entity, with the tax authorities of all...
Draft National Policy for Women 2016
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May, 2016
The Draft National Policy for Women 2016 has been brought out by the Ministry of Women and Child Development nearly a decade and a half since the National Policy for Empowerment of Women, 2001 was formulated. It intends to address new and emerging...
Income Tax Department - Time Series Data (Financial Year 2000-01 to 2014-15)
- 29 April, 2016
The Central Board of Direct Taxes (CBDT) has published the data on Direct Tax collection. It is for the first time that this kind of time series data has been made available in the public domain. It consists of the sections and figures on the Direct...
Report of Technical Committee on Large Scale Integration of Renewable Energy
- 18 April, 2016
India has set an ambitious target of achieving 175 GW of renewable generation capacity. In order to integrate such high penetration of renewable energy and address the concerns of the stakeholders in renewable energy, a high level Technical...
National Policy on Education 2016 - Report of the Committee for Evolution of the New Education Policy
- 4 April, 2016
The Committee headed by former Cabinet Secretary TSR Subramanian has submitted its report for the evolution of a New Education Policy 2016 to the Ministry of Human Resource Development (MHRD), Government of India. The new policy focusses on...
Swachhta Status Report 2016
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April, 2016
As a part of the action plan on Government’s flagship programme ‘Swachh Bharat Mission’, a Rapid Survey on Swachhta Status was conducted by the National Sample Survey Office (NSSO). It was conducted during May-June 2015 alongside the 72nd...
Health in India: NSS 71st Round (January - June 2014)
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April, 2016
The 71st round of NSS, conducted during January - June 2014, aimed to generate basic quantitative information on the health sector. One of the vital components of the schedule was dedicated to collecting information which was relevant for...
United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) proposes an Asia Pacific Tax Forum for Sustainable Development
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24 March, 2016
Keeping in mind Asia-Pacific's key challenges in taxation and public finance, the work of existing tax cooperation forums, and the need to support the implementation of the 2030 Agenda for Sustainable Development, UNESCAP has put forward a...
State Budget 2016-17, Sikkim
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21 March, 2016
The Chief Minister of Sikkim presented the Annual State Budget for the financial year 2016-17 on March 21, 2016. The proposed budgetary allocation for the year is Rs. 5,884.43...