Gas Pricing in India

India is the world’s seventh largest energy producer, accounting for 2.49% of the world’s total annual energy production. Natural gas has emerged as the most preferred fuel due to its inherent environmentally benign nature, greater efficiency and cost effectiveness. Natural ..

General Anti-Avoidance Rules (GAAR)

GAAR refers to General Anti-Avoidance Rules. These rules target any transaction or business arrangement that is entered into with the objective of avoiding tax. The objective is to check aggressive tax planning. What is meaning of Tax Avoidance? Avoidance means ..

Nutrient Based Subsidy Scheme

The government recently said that it plans to appoint an independent agency to assess the price behaviour of crop nutrients after the introduction of nutrient-based subsidy (NBS) scheme in 2010. It’s worth note that there has been unprecedented hike in ..