International Tax Newsletter - April 2017

April 2017

The Indian Tiffin XIII - from BDO India

A bi-monthly publication from BDO India, "The Indian Tiffin" brings together business information, facilitating decision-making from a multi-dimensional perspective. The unique name of this thought leadership piece is inspired most literally by Indian tiffins, referring to home cooked lunches delivered to the working population by 'dabbawalas' – people who deliver the packed lunches (tiffins). In that same sense, the purpose of “The Indian Tiffin” newsletter is to deliver a variety of news to satiate your palate, from domestic and cross-border updates to India business perspectives. This issue covers:
  • India Economic Update by Milind S.Kothari, Managing Partner, BDO India LLP. Milind Kothari speaks on the Bharatiya Janata Party’s massive political victory in the heartland of India and how it will most likely affect the next General Election in summer 2019, as well as the impact that the next 12 months could have in ongoing reforms with the passage of key legislative changes passing through with ease.
  • Learn about deal announcements in the M & A Tracker from Rajesh Thakkar, Partner, Transaction Advisory Services.  Hear about 141 M&A deals that were completed between January 2017, and March 2017, with an aggregated value of approximately $2.28 billion USD, the sectors the deals came from, and targeted companies.
  • In the Featured Story, Manish Mishra, Partner Indirect Tax, shares the GST Story – The last Stretch.  The story will communicate that India has experienced tremendous growth by increasing the focus on the ease of doing business in India.  A simpler tax regime, easier to understand and is uniform across geographies will further the increase of economic growth. The Goods and Services tax, being implemented July 1, 2017, will be a positive step in this direction.
  • The Guest Column feature with Amitabh Verma, Executive Editor Head, Small and Medium Enterprises, DBA Bank Ltd, India. Amitabh Verma’s column, SME Opportunities - A Banking Perspective, discusses how the Indian Micro, Small and Medium Enterprise (MSME) has emerged dynamically as an important driver of economic growth.  The column also discusses the recent demonetization that affected 86% of the total currency and the disruption that ensued, as well as the upcoming Goods and Tax Services.