Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: empanelment :: VAT RATES :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: due date for vat payment :: TDS :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company
 
 
« General »
 The differences between tax and cess
 Startups that raised funds from angel investors face tax scrutiny
 Tax collection assumptions in India's budget ambitious
 All scrutiny cases, sans search, to be e-assessed
 Key tax changes that will come into effect from April 1
 Eight lakh companies on Income Tax department radar for not filing tax returns
 4 things a taxpayer shouldn’t miss
 Impact on LTCG will be more than 10 per cent
 Here's how much the tax reliefs you want will cost the finance minister
 Companies (Appointment and Qualification of Directors) Amendment Rules, 2018
 How young earners can claim HRA tax exemption with ease

India, China most complex tax regimes
April, 08th 2014

India and China are among the most complex tax regimes in the Asia Pacific region and that is a key concern for investors, shows a Deloitte survey.

Both the high growth economies continue to have challenges in catching up with business changes and providing consistent and predictable tax regimes.

"Respondents think that the complexity, consistency and predictability of the Chinese Mainland and Indian tax regimes would play a significant role when it came to determining their investment decisions here," the global consulting firm said in its '2014 Asia Pacific Tax Complexity Survey'.

"Tax audits are very frequent in the region and respondents were not optimistic in their ability to get a favourable resolution through the administrative resolution procedures," it said.

Indonesia will also become one of the complex tax regimes in the region, it added.

On India, the survey found that consistency was the most important issue to deal with when making business decisions.

"There is significant desire to be seen as socially responsible taxpayers as a result of which, there is a concern for reputational risk and an inclination not to engage in tax planning that may be perceived to be aggressive," it said.

Deloitte said 81 per cent respondents noted that the tax regime had become more complex in India, while over half (54 per cent) believed that it had become markedly less consistent over the last three years.

"India is on the upper end of the pool when looking at tax audit rigour. Seen as the least consistent tax jurisdiction ... Respondents highlighted the need to speed up tax audits."

Survey said 88 per cent of the respondents believed that India would be one of the most complex tax jurisdictions in the next three years and is one of the top three countries likely to witness material change over the same period.

In India, investors' greater focus would be on spending more time on tax management over the next 3 years, it said.

About 55 per cent of the respondents with business in India said they have plans to implement tax-risk management systems sometime over the next three years, it said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

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