Grant Thornton TaxPod - August 2022

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About TaxPod

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 a few minutes. Please do provide your feedback to us about this edition of the taxpod at nto@in.gt.com.

What’s new

  • The Supreme Court to take up and resolve the issues relating to Most Favoured Nation clause in Indian Tax Treaties
  • Organisation for Economic Co-operation and Development releases Progress report on Amount A of Pillar One, for public consultation
  • The threshold  for e-invoicing reduced to INR 10 crore with effect from 1 October 2022