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IFRS vs ASC: Valuation Perspective

IFRS vs ASC: Valuation Perspective

This article aims to highlight the key valuation triggers that stem from the application of various International Financial Reporting Standards (IFRS) and outline the valuation-specific…

Specter of multi-authority, repetitive and multi-directional proceedings haunting GST-payers

The GST regime, implemented in 2017, turns seven years soon, stepping into its proverbial childhood. In many ways, the sweeping tax reform has lived up…

Historical Perspective and Conceptual Understanding of Beneficial Interest/Ownership

Entities such as companies, trusts, foundations, partnerships, and other types of legal persons and arrangements conduct a wide variety of commercial activities. While they play…

UAE Corporate Tax Regime: Impact on Free Zone Entities

The UAE Corporate Tax Law (CT Law) is effective for any financial year beginning on or after 1 June 2023 (i.e., for a company following…

India’s Path to Progress

As the Indian government led by Prime Minister Narendra Modi completes one decade, we take this opportunity to look back at some of the key…

How Holding Companies Could Hold Ground under UAE Corporate Tax

The UAE has long been known for its business-friendly environment, characterized by a lack of corporate and personal tax. However, the UAE’s Federal Tax Authority…

Key Highlights – Food Processing Industry

Budget 2024 charts a growth-focused course, emphasizing capital expenditure for positive economic impact. Initiatives in transport and green projects create private sector opportunities, earning accolades…

Key Highlights of Interim Budget 2024

The Interim Budget 2024 was a reflection of past achievements and attempted to provide an impetus to India’s current optimistic trajectory. The Hon’ble Finance Minister…

Healthcare Sector Expectations from Budget 2024

The COVID-19 pandemic put a spotlight on healthcare systems across the globe and exposed areas of improvement within the system. Postpandemic, all nations across the…

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