The Indian tax and regulatory space is changing at an unprecedented rate. We are witnessing policy announcements, legislative changes, judicial precedents and clarifications almost daily. This has made it challenging for corporate professionals to stay abreast of relevant developments. The aim of the TaxPod series is to keep you updated with key tax and regulatory developments of the past month, in under 5 minutes.
- Government announces further tax relief measures to help taxpayers tide over these unprecedented times.
- Foreign direct investment (FDI) limit increased to 100% (under automatic route) for insurance intermediaries.
- Relaxation in residential status rules for individuals who were unable to leave India due to lockdown
Hear the May edition of Tax podcast here: