Grant Thornton TaxPod - October 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

  • Central Board of Direct Taxes (CBDT) issues additional guidelines under Section 194R, addressing concern of stakeholders
  • Organisation for Economic Co-operation and Development releases new Crypto-Asset Reporting Framework
  • Central Board of Indirect Taxes and Customs issues guidelines for launching prosecutions punishable under the GST law

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