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Ravi Uppal, the Managing Director and Group CEO of Jindal Steel and Power says he hopes the government will reduce the corporate tax rate to 25 percent in this Budget.
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LexisNexis®, a leading provider of content and technology solutions for legal, corporate, tax, academic and government markets, launched ...
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According to a poll, the government still enjoys high approval ratings from corporate India. The two areas where there is clearly some displeasure include maiden Budget and a continuation of tax uncertainty.
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Tax authorities are said to have served notices to foreign institutional investors over unpaid Minimum Alternative Tax (MAT) of the previous years, triggering protests from the overseas investors.
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India‘s Hunt For Black Money!
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Adi Godrej, chairman, Godrej Industries is confident that the constitutional amendment to goods and services tax (GST) will be passed in this Budget session. He expects FY16 GDP to be around 8.4-8.5 percent.
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Enhanced budgetary allocation (more than USD 100bn) for investments in next five years towards capacity building and infrastructure development is bold and ambitious.
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Consulting firm BMR‘s chairman Mukesh Butani, Phillips India MD Krishna Kumar, Shriram Capital chairman Arun Duggal and Jindal Steel and Power CMD Ravi Uppar discussed their expectations from the Union Budget.
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Mukesh Butani of BMR Advisors says other cases that are pending in the Bombay HC with respect to share issuance transaction will in all probability meet the same outcome as in the case of Vodafone and Shell
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The tussle between Maruti and shareholders is now a test case for minority interest shareholder rights that are enshrined in the new Companies Act, says BMR's Mukesh Butani.
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In a panel discussion with CNBC-TV18's Shereen Bhan, Sumant Sinha, Chairman & CEO ReNew Power Ventures, Arun Maira, Member, Planning Commission, Mukesh Butani Managing Partner, BMR Legal and Sunil Kant Munjal, Joint MD, Hero MotoCorp gave their reactions to Vote on Account speech.
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In an interview to CNBC-TV 18, Mukesh Butani, chairman, BMR Advisors and Rajiv Kumar, secretary general, FICCI give their opinions on the FDI in multi-brand retail passed by the Lok Sabha. The UPA government today got the nod for FDI through a vote in Lok Sabha.
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Chairman of BMR Advisors Mukesh Butani believes that the government will throw general anti-avoidance rules (GAAR) open to public debate in the next one year.
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The government's clarification on General Anti-Avoidance Rules (GAAR) provisions is still awaited. Mukesh Butani, chairman of BMR Advisors says, market is overreacting to uncertainty on GAAR. "The government is mindful of unintended consequences of GAAR," he adds.
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The tax department is all set to tighten the noose around foreign investors who have been investing through shell companies in tax havens.
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Mukesh Butani, chairman of BMR Advisors and Ketan Dalal, joint tax leader of PwC in an interview to CNBC-TV18 shared their expectations from the upcoming Union Budget 2012-13.
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Mukesh Butani, chairman and managing partner of BMR Advisors, Dinesh Kanabar, deputy CEO and chairman of the tax practices at KPMG and HP Ranina, the brightest minds, feel that the FM needs to make a Budget that has prospective amendments and not retrospective amendments as that is the key to ensure growth in India.
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Payaswini has been talking to tax experts to better understand how Revenue hopes to use the Vodafone loss in its favor.
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In an interview with CNBC-TV18, Mukesh Butani, Chairman of BMR Advisors talks about the Companies Bill and its impact on shareholders of a firm.
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Mukesh Butani, Partner, BMR Advisors said that the government is going into overdrive as raids are creating pressure on the companies.
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By: Mukesh Butani, BMR Advisors
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In an interview with CNBC-TV18's Shereen Bhan, Mukesh Butani, Chairman and Managing Partner, BMR Legal said India and Mauritius' official position has been that the treaty is under negotiation. "This has been position of both the governments since 2006," he added.
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BMR Advisors, on Firday, announced the new leadership structure for their organization with Mukesh Butani elevated to the role of Chairman of the Firm.
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The rate of tax on dividends received by an Indian company from its foreign subsidiary has been lowered to 15% for improving flow of such funds into India. In an interview with CNBC-TV18, Mukesh Butani, Partner, BMR Advisors, speaks about the move.
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How competitive is India from the tax policy point of view? For Vodafone that would be a USD 2 billion question to answer.
