In order to curb tax avoidance by MNCs the Central Board of Direct Taxes (“CBDT”) set up a committee to examine taxation of e-commerce on specified services based on the flagship project of Organization for Economic Co-operation and Development, i.e. Base Erosion and Profit Shifting. Based on which an equalization levy was introduced as part of the Finance Act, 2016. (more…)
The Advertising Standard Council of India (“ASCI”) has on 10th March 2016 launched technology i.e. WhatsApp application to connect with the consumers and curb misleading advertisements, after a successful launch of a Mobile App ASCI online.
Consumers can now WhatsApp the objectionable advertisement to ASCI vide +91 77-100-12345 in following manner as detailed under: (more…)
The Brihan Mumbai Municipal Corporation of Mumbai, Maharashtra has on 2nd November 2015 introduced a three-page draft application in order to provide simplified process of giving permission to shooting of films and TV serials on properties like Municipal roads, pavements, schools, gardens and crematoriums, which will also be now available online. (more…)
