Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: empanelment :: due date for vat payment :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: VAT Audit :: VAT RATES :: articles on VAT and GST in India :: list of goods taxed at 4% :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt
 
 
News Headlines »
 Directions under section 119 of the Income-tax Act, 1961
 Securities excluded from GST ambit in revised Bill
 GST dilemma: Hope fades for new tax regime
 5nance.com launches tax investment platform
 Is government tapping your phone?
 Income tax department to use analytics to look for discrepancies in bank accounts
 GST Council fails to break deadlock over indirect tax regime, next meet on Dec 11 and 12 to hammer out differences
 Invoking Writ Jurisdiction For Income Tax Matters
 How to file income-tax returns online
 How Income Tax Returns Are Scrutinised
 All About New Income Disclosure Scheme to make Demonetisation successful

IFA plans high-end courses on global taxation
October, 07th 2006
International Tax Academy to be operational before end of this fiscal. -------------------------------------------------------------------------------- Armed with info Through the Academy, the IFA proposes to offer high-end crash courses as well to Indian tax practitioners on various issues such as tax credits, transfer pricing and service tax. -------------------------------------------------------------------------------- In a bid to equip Indian tax professionals with the fast changing nuances of cross-border tax matters in the backdrop of globalisation, the Indian chapter of the International Fiscal Association (IFA) is chalking out a programme to come out with high-end courses on cross-border taxation issues. Talking to reporters on the sidelines of a daylong seminar on `Tax Credits, Service Tax & Transfer Pricing' here on Thursday, the IFA Hyderabad Sub Chapter Chairman, Mr P.V.S.S. Prasad, said the Indian body of the IFA was currently setting up an International Tax Academy in New Delhi, which would be operational before the end of this fiscal. Through the Academy, the IFA proposed to offer high-end crash courses to Indian tax practitioners on various issues such as tax credits, transfer pricing and service tax, Mr Prasad said. Imperative need According to the IFA Hyderabad Sub Chapter Secretary, Mr V. Jawahar, it has become imperative for tax practitioners to update themselves on the latest changes in global tax laws in view of the growing services sector in the country, with services exports across different tax jurisdictions, including business process outsourcing (BPO) and knowledge process outsourcing (KPO) businesses. In the era of growing inbound and outbound investments, issues such as taxation of income in the source country and the corresponding claim of tax credit in resident country become critical. Tax practitioners have to administer tax credits as per the treaty provisions, Mr Prasad said. Reaping opportunity Earlier, addressing the seminar, the Chairman and Managing Director of Vimta Labs Ltd, Dr S.P. Vasireddi, stressed the need for Indian entrepreneurs and tax practitioners to keep track of the latest happenings in global taxation matters so as to effectively reap the benefits of growing cross-border trade opportunities. Advising Indian entrepreneurs not to accept any terms simply for the sake of obtaining global contracts, he asked them to take adequate legal inputs towards ensuring right contracts. "The world cannot go anywhere than come to India and China. So, be smart in grabbing the opportunities by being up-to-date on international tax and transfer pricing matters. Not being updated and not complying with these vibrant global tax laws could prove costly for businesses," Dr Vasireddi said.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Work Flow Workflow Software Software Automation Workflow automation Software Design Workflow Design Business Work Flow Workflow automation tools

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions