FICCI - Dhruva Advisors Business Survey 2021
June 2021
FICCI - Dhruva Pre-Budget Survey 2021-22
19 January 2021
FICCI - Dhruva Survey (Rebooting the Indian Economy - Industry Survey)
28 December 2020
FICCI - Dhruva Survey (Rebooting the Indian Economy - Industry Survey)
09 September 2020
FICCI - Dhruva Survey (Rebooting the Indian Economy - Industry Survey)
08 July 2020
FICCI - Dhruva Covid-19 Business Impact Survey
21 April 2020
Pre Budget CEO Poll - a survey by CNBC-TV18 and Dhruva Advisors
28 January 2020
CNBC TV18 - Dhruva Business Pulse CEO Poll
10 November 2017
06 April 2022
11 August 2021
22 March 2021
14 August 2020
E-Conclave on 4 years of GST
ASSOCHAM and Dhruva organised an E - Conclave on 4 years of GST on 9th July 2021 discussing the key developments under GST regime and suggested best practices that industry should adopt during & post COVID-19.
The issues that were covered included:
Vivad se Vishwas Scheme
Dhruva Advisors LLP hosted an outreach programme garnering practical insights of 'The Direct Tax Vivad se Vishwas Bill, 2020' at Hotel Courtyard by Marriott, Ahmedabad on 6 March 2020.
Our Partners Mr. Vishal Gada and Mr. Sandeep Bhalla presented the topic. Several senior tax officials from the income-tax department also attended this programme and shared their views with the participants.
The programme was well received by the participants and concluded with exchange of thoughts amongst the attendees.
Institute of Chartered Accountants of India organizes a study course on multilateral instrument
The Western India Regional Council of the Institute of Chartered Accountants of India organized a study course on multilateral instrument. The multilateral instrument provides a mechanism to modify bilateral tax treaties and incorporates BEPS treaty related measures. From an India perspective, the multilateral instrument enters into effect from April 1, 2020.
Prashant Bhojwani was the speaker at the above study course on the topic of "treatment of transparent entities as per multilateral instrument"
Dhruva Advisors Singapore, Enterprise Singapore and Singapore Indian Chamber of Commerce and Industry (SICCI) on India Union Budget 2020
Dhruva Advisors, supported by Enterprise Singapore and Singapore Indian Chamber of Commerce and Industry (SICCI) hosted a webinar session on Feb 06th, 2020 to deliberate on the impact of the India Union Budget 2020 tax proposals on the foreign investors and the Indian economy.
Dhruva Partners - Mahip Gupta and Vishal Gada led the session and industry experts provided their in-depth insights on key policy and tax announcements.
Link to the copy of the presentation and recording is available here:
Union Budget 2020-21 Client Breakfast Seminar, Mumbai
The Union Budget 2020-21 was presented by the Finance Minister on February 01, 2020 and the Government rolled-out many far-reaching changes in provisions, that were finely nuanced. However as always there is a need for the provisions to be carefully analysed, implications discussed and way forward evolved.
Dhruva Advisors hosted a Client Breakfast Seminar on Tuesday 04, 2020 at the Four Seasons Hotel, Mumbai, sharing an in-depth analysis by Dhruva’s Experts on our interpretation of the Union Budget 2020-21.
Union Budget 2020-21 - Technical Discussion
Dhruva Advisors LLP hosted a session on ‘Union Budget 2020-21 - Technical Discussion’ at Radisson Blu, Ahmedabad on 3rd Feb 2020. Our Partners - Vishal Gada and Niraj Bagri presented their thoughts on the key proposal of the Budget. The session was chaired by Shri Saurabh Soparkar, Senior Counsel who also shared his thoughts on the Budget. The session was followed by a discussion with eminent industry representatives who shared their views and perspective on the Budget and its likely impact on the Indian economy. The session was well received by the participants and concluded with exchange of thoughts amongst the attendees.
Budget Analysis Seminar on the Union Budget 2020-21
Dhruva Advisors LLP hosted a "Budget Analysis Seminar on the Union Budget 2020-21" jointly with the Indian Chamber of Commerce (ICC) at Kolkata on 4 Feb 2020. The discussions were led by Aditya Hans, Ranjeet Mahtani and Basant Gadhyan. Impact and opportunities emerging from the Budget were discussed and our speakers deliberated with the industry leaders on practical considerations, insights and challenges on the proposed amendments. The session was very well received by the participants.
New Singapore Fund Structure - India & Singapore perspective
Dhruva Advisors recently hosted a breakfast session in Mumbai for the financial services industry, deliberating on the "New Singapore Fund Structure – An India & Singapore Perspective". This highly relevant and topical session was helmed by Dinesh Kanabar, Mahip Gupta and Punit Shah.
Do reach out to our specialists (punit.shah@dhruvaadvisors.com and mahip.gupta@dhruvaadvisors.com) for further insights on how we could be of relevance to your organization.
Seminar on 'The Taxation Laws (Amendment) Ordinance, 2019' and 'E-assessment Scheme, 2019' at Ahmedabad
Dhruva Advisors LLP hosted a seminar on 'The Taxation Laws (Amendment) Ordinance, 2019' and 'E-assessment Scheme, 2019' at Ahmedabad.
Our Partners Vishal Gada and Sandeep Bhalla presented these topics and engaged in a dialogue with industry leaders. The session was well received by the participants and concluded with the exchange of thoughts amongst the attendees.
Transfer Pricing and Indirect Taxes – A Coordinated approach
Dhruva Advisors LLP hosted a #seminar and panel discussion on 'A Coordinated approach between Transfer Pricing and Indirect Taxes' at Pune on Oct. 16, 2019. Our partners Rahul Mitra, Sudhir Nayak, Ranjeet Mahtani and Venkatachalam K presented this topic and engaged in a dialogue with industry leaders on practical considerations, insights and challenges in this harmonised approach between Transfer Pricing and Indirect taxes.
Impact and opportunities emerging from the Taxation Laws (Amendment) Ordinance 2019 were also discussed.
Conference on attribution of profits to permanent establishment
Rahul Mitra was invited to speak in the conference on attribution of profits to permanent establishment, organised by the Vienna University of Economics and Business on 14th October, 2019 in Vienna.
He participated in three of the panel discussions, namely – (1) Article 7 AOA vs Article 9 OECD/ UN; (2) Profit attribution to PEs and PE exemptions; and (3) Profit Attribution to Agency PEs.
Other speakers across the three panels included – (a) distinguished professors of the Vienna and other Universities, Dr Raffaele Petruzzi; Dr Alfred Stock and Dr Adolfo Martin Jimenez; (b) Veronika Daurer, Austrian IRS; (c) Hartmut Foster, German IRS; (d) Colin Miller, Swedish IRS; (e) Tax Partners of PwC Germany and Deloitte Austria, etc.
Direct Taxes – Getting Ready for a Makeover
Dhruva Advisors hosted a seminar on 'Direct Taxes – Getting Ready for a Makeover' for its clients on October 10, 2019, at Hotel Le Meridien in Gurgaon.
Our CEO, Dinesh Kanabar, along with partners, Vaibhav Gupta and Rahul Mitra presented and engaged in a conversation with CFOs and Tax Heads on the Tax Stimulus and Global Tax Trends, M&A – Recent Trends, and Planning Around Transfer Pricing.
Law Reforms by Modi Government for New India
Dinesh Kanabar spoke at an event hosted by the Hon’ble Minister for Law and Justice on Law Reforms under the present government. The Law Reforms, the legal profession and the judiciary have been under deep scrutiny. A lot has happened of late and the Minister was eloquent and elucidated impressively about the changes made, its impact and what more is in the horizon. Kudos to the organisers for a very well attended event at the prestigious Mumbai University Convocation Hall, with eminent dignitaries in the audience.
Dhruva Advisors LLP are happy to announce that Rahul Mitra has been awarded the "International Tax Contributing Author of the Year" (for transfer Pricing) at the prestigious Bloomberg Tax Awards held recently in London
The award was conferred for his contributions made over the last decade as the country reporter and member of the global editorial board of the magazine, "Transfer Pricing Forum", published by Bloomberg BNA; and also for a special article authored by him in 2018 on the topic of "Marketing Intangibles" in the international transfer pricing magazine published by Bloomberg Tax.
Direct Taxes - Getting ready for a makeover
Dhruva Advisors LLP hosted a seminar and panel discussion covering the "India Tax Landscape" and "M&A recent trends" at Ahmedabad.
Dinesh Kanabar, CEO and Partner Dhruva Advisors, along with other Partners, Vishal Gada and Mehul Bheda engaged in a conversation with Promoters, CFOs and Tax Heads on the Corporate Tax issues and challenges faced by the Indian industry.
Direct Taxes - Getting ready for a makeover
Dhruva Advisors LLP hosted a seminar and panel discussion covering the "India Tax Landscape" and "M&A recent trends" at the CONRAD Hotel, Pune.
Dinesh Kanabar, CEO Dhruva Advisors, along with his Partners, Vishal Gada, Sandeep Bhalla and K. Venkatachalam presented and engaged in a conversation with CFO’s on the Corporate Tax issues and challenges faced by the Indian industry.
Foreign Exchange Regulations related to Outbound Investments, External Commercial Borrowing (ECB) & Compounding of offences
Dhruva Advisors LLP arranged a breakfast session on "Foreign Exchange Regulations related to Outbound Investments, External Commercial Borrowing ('ECB') & Compounding of Offences" at Crowne Plaza, Ahmedabad, on Wednesday, 26th June 2019. The session was attended by executives from businesses across various sectors such as Pharmaceuticals, Power, Chemicals, Real Estate, FMCG, Textiles etc.
The session gave an opportunity to the executives to understand the key provisions, recent developments and compliance requirements of Foreign Exchange Regulations that need to be considered by every business while undertaking transactions pertaining to overseas investment and availing funds from overseas.
Mr. Vishal Gada, Partner at Dhruva Advisors LLP, provided meaningful insights about the recently introduced ECB Regulations and cautions to consider while availing ECB. Ms. Zeel Jambuwala, Principal at Dhruva Advisors LLP, shared her views and experience relating to overseas investment. She also discussed common contraventions under Foreign Exchange Regulations which ultimately lead to compounding of offences and provisions relating to this.
The session was well received by the participants and concluded with the exchange of thoughts amongst the attendees.
August 2022
Business Today - 07 August 2022
Soaring hospital expenses: A disease away from losing life’s savings?
Economic Times - 01 Aug 2022
July 2022
Oversight of insolvency professionals gets tighter
Mint - 15 July 2022
June 2022
India’s Union Budget 2022-23 – Overview of important amendments
International Tax Review - 27 June 2022
May 2022
SC judgement on GST Council: The unravelling of GST’s uniformity promise
Financial Express - 20 May 2022
Adani and Ambani: The big ambitions of India’s biggest billionaires
Business Today - 20 May 2022
CBDT to I-T: Do not reopen sub-Rs. 50L cases for AYs ’14-16
Banking Finance - 20 June 2022
Dinesh Kanabar’s Enviable Stamp Collection
Business Today - 15 May 2022
CBDT to I-T: Do not reopen sub-₹50L cases for AYs ’14-16
The Times of India - 14 May 2022
Analysis of CBDT Instruction on Reassessment Proceedings by Ajay Rotti
Taxsutra - 12 May 2022
CBDT asks tax officers to not issue reassessment notices for 3 years till FY15
Financial Express - 12 May 2022
CBDT asks tax officers to not issue reassessment notices for 3 years till FY15
Bloomberg - 12 May 2022
The Times of India - 12 May 2022
CBDT asks tax officers to not issue reassessment notices for 3 years till FY15
The Print - 12 May 2022
CBDT asks tax officers to not issue reassessment notices for 3 years till FY15
The New India Express - 12 May 2022
Tax Reassessment Cases: The Silver Lining In Supreme Court's Ruling
Bloomberg Quint - 10 May 2022
HC verdict on GST on under-construction flats to reduce tax outgo for buyers: Experts
ET Infra - 09 May 2022
HC verdict on GST on under-construction flats to reduce tax outgo for buyers: Experts
ET CFO - 09 May 2022
HC verdict on GST on under-construction flats to reduce tax outgo for buyers: Experts
ET Realty - 09 May 2022
HC verdict on GST on under-construction flats to reduce tax outgo for buyers: Experts
The Free Press Journal - 08 May 2022
HC verdict on GST on under-construction flats to reduce tax outgo for buyers: Experts
Economic Times - 08 May 2022
HC order to pare GST outgo for buyers of under-construction flats: Experts
Business Standard - 08 May 2022
HC ruling on GST on under-construction flats to reduce tax outgo for buyers: Experts
Business Today - 08 May 2022
Gujarat HC verdict on GST on under-construction flats to reduce tax outgo for buyers, say experts
Financial Express - 08 May 2022
What HC verdict on GST on under-construction flats means for buyers
Deccan Herald - 08 May 2022
90,000 notices under old provision stay valid: Supreme Court
Times of Inda - 05 May 2022
April 2022
Approval to chip makers likely in 6-8 months: Ashwini Vaishnaw
Deccan Herald - 29 April 2022
Ukraine war seen pushing chip shortage well into 2023
Deccan Herald - 21 April 2022
Tribunal scraps state retro entry tax plan
The Telegraph - 15 April 2022
Times of India - 08 April 2022
Australia Trade Deal: A Tax Win That India Should Cautiously Enjoy
Bloomberg Quint - 07 April 2022
Bombay High Court Quashes Notices Issued Under Old Reassessment Regime: Dhruva Advisors
Bloomberg Quint - 07 April 2022
Supreme Court of India denies tax deduction on incentives and freebies to medical practitioners
International Tax Review - 06 April 2022
Overseas Indians float local trusts to escape RNOR tag
Economic Times - 04 April 2022
The 1% tax that has India's cryptocurrency industry predicting chaos
Business Standard - 02 April 2022
The 1% tax that has India’s crypto industry predicting chaos
Economic Times - 02 April 2022
The 1% tax that has India’s crypto industry predicting chaos
The Times of India - 02 April 2022
The 1% Tax That Has India’s Crypto Industry Predicting Chaos
Bloomberg Tax - 02 April 2022
March 2022
Buzz on virtual assets: Crypto industry sees exits ahead of new tax regime
Business Standard - 28 March 2022
INOX and PVR announce Merger; Ajay Bijli to be named as MD of the merged entity
Media News 4u - 28 March 2022
ET Brand Equity - 27 March 2022
Leading cinema exhibitors PVR, INOX Leisure to merge, create an entity with 1,500 screens
The Pioneer - 27 March 2022
Taxing Cryptos: Need for Clarity
Business Today - 23 March 2022
Government stance on crypto taxation surprising, say tax experts
Business Today - 22 March 2022
The Fineprint With Dhruva Advisors' Ajay Rotti
Bloomberg - March 2022
February 2022
Big Tech firms play it safe, await clarity before adjusting India taxes
Gadgets Now - 10 February 2022
Big Tech firms play it safe, await clarity before adjusting India taxes
Drumpe - 10 February 2022
Big Tech firms play it safe, await clarity before adjusting India taxes
Economic Times - 10 February 2022
Tax Treaty Or Equalisation Levy: Google’s Rs 89-Crore Question Before Delhi High Court
Bloomberg Quint - 09 February 2022
Budget 2022: India Inc quizzes the budget makers
CNBC TV 18 - 05 February 2022
Progressive steps on the tax front
Hindu Business Line - 03 February 2022
Startups get booster shot in Budget 2022: 15% surcharge cap on LTCG, extension on tax benefits
Free Press Journal - 03 February 2022
On crypto tax, investors and experts have more questions than answers
Economic Times - 03 February 2022
Budget Explainer: How Will The Crypto Tax Work?
Bloomberg Quint - 02 February 2022
Budget 2022: ITR relief to flat levy on digital assets, all's well on tax front
Economic Times - 02 February 2022
Cryptic signs: Tax on e-assets opens gateway to brave, new virtual world
Times of India - 02 February 2022
NRI businessmen in UAE hail Budget 2022-23; say it envisions India's overall growth
Times of India - 01 February 2022
Crypto Tax: Nirmala Sitharaman Announces 30% Tax On Income From Virtual Assets
Bloomberg Quint - 01 February 2022
Budget 2022: Top 5 Direct Tax Changes
Bloomberg Quint - 01 February 2022
Budget 2022: Big Bang capex push with allocation of 7.5 lakh crore for FY23
Fortune India - 01 February 2022
Budget 2022-23 to be tabled today: Here's what to expect
India TV - 01 February 2022
The fine print on direct taxes has thrown up a number of surprises
Money Control - 01 February 2022
Budget 2022: No increase in tax rates will be good news, says Sudhir Kapadia
CNBC TV 18 - 01 February 2022
Budget Expectations 2022: Increase in deduction limits, reduction in surcharge rates expected
Financial Express - 01 February 2022
NRI businessmen in UAE hail Budget 2022-23; say it envisions India's overall growth
Times Of India - 01 February 2022
Budget 2022: Big Bang capex push with allocation of 7.5 lakh crore for FY23
Fortune India - 01 February 2022
January 2022
Budget expectations: Clarity on crypto taxation, hike in 80C limit, duty rationalisation on EVs
Moneycontrol - 31 January 2022
Budget 2022-23 to be tabled today: Here's what to expect
Economics Times - 30 January 2022
From crypto taxation to hike in 80C limit, what the market expects from Budget
Economics Times - 30 January 2022
Crypto taxation, hike in 80C limit: Market expectations from Budget 2022
Mint - 30 January 2022
Budget expectations: Clarity on crypto taxation, hike in 80C limit, duty rationalisation on EVs
The Print - 30 January 2022
Budget expectations: Clarity on crypto taxation, hike in 80C limit, duty rationalisation on EVS
Times Now - 30 January 2022
Budget 2022: India Inc expects infra spending, demand creation to be big theme
CNBC TV 18 - 28 January 2022
A populist Budget with rural slant: What could be in Budget 2022?
Economic Times - 24 January 2022
Business Today - 21 January 2022
Pre-budget 2022: key direct tax recommendations
Taxmann - 19 January 2022
Flawed IT reassessment notices quashed
The Telegraph - 19 January 2022
Economic Times - 17 January 2022
Tax deductibility of Covid expenditure tops corporate India's Budget wish list
Economic Times - 15 January 2022
Big Deal: What corporate India wants from Union Budget 2022
CNBC TV 18 - 13 January 2022
Vi gives 36% stake in lieu of dues to govt
Mint - 12 January 2022
Budget to decide if crypto investment is business income
Economic Times - 12 January 2022
GST Input Tax Credit Changes Will Hurt Corporate Cash Flow
Bloomberg Quint - 09 January 2022
GST Council decides to defer hike in textile duty
Telegraph India - 01 January 2022