Email us on info@jmpadvisors.in or call us on +91 22 22041666

TAX MATTERS

JMP Advisors
Update on Indian
Economic Stimulus PART 2

JMP Advisors
Update on Indian
Economic Stimulus

JMP Advisors
Gist of Indian PM’s speech
on 12 May 2020

LEADERSHIP

RAJESH S. ATHAVALE

RAJESH S. ATHAVALE

Head – Direct Taxation

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JAIRAJ PURANDARE

JAIRAJ PURANDARE

Founder Chairman

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FREDDY DARUWALA

FREDDY DARUWALA

Advisor

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TAX & REGULATORY SERVICES

At JMP Advisors, we advise domestic and multinational clients on all aspects of taxation i.e. advisory, litigation and compliance. We provide services covering the entire gamut of taxation such as corporate tax, cross border tax, transfer pricing including APAs and MAPs, Goods and Services Tax (‘GST’), inbound and outbound investment, services to Foreign Portfolio Investors (‘FPI’), taxation of high net worth individuals including family arrangements and succession planning, etc. Our team brings together collective experience across service areas and industries to provide deep insights to our clients on various issues.

INTERNATIONAL TAX

• Advice on interpretation of Double Tax Avoidance Agreements (DTAAs)

• Identify potential double taxation and related issues and recommend alternatives to mitigate them taking into consideration the General Anti- Avoidance Rule (GAAR) including advice on Permanent Establishment and Place of Effective Management (POEM) issues, taxation of Digital Economy and impact of OECD in Base Erosion and Profit Shifting (BEPS) Actions on business activities, including the implications of the Multilateral Instrument (MLI)

INDIAN DOMESTIC TAX

• Advisory services relating to Indian Income tax law

• Tax planning strategies to mitigate the incidence of Indian tax

• Identify tax risks and exposures and recommend strategies to manage them

• Review contracts and recommend tax effective solutions

TRANSFER PRICING

• Undertake transfer pricing studies and suggest documentation required

• Recommend appropriate transfer pricing strategies

• Review of specified domestic transactions

• Assistance in issuing the Accountant’s Report in Form 3CEB as required under the Indian domestic tax law

TAX DISPUTE RESOLUTION

• Assistance in representation before Indian Revenue authorities for assessments, stay proceedings and appeals, including in respect of transfer pricing issues

• Preparation, review, filing and arguing of appeals, applications to DRP and Authority for Advance Rulings (AAR)

BUSINESS LAWS & REGULATIONS

• Advising on various business laws such as corporate law, law relating to Limited Liability Partnerships (LLPs), exchange control regulations, regulations governing banks and insurance companies, etc.

GST ADVISORY

• Advising on various issues under the GST law and reviewing positions adopted by the clients to ensure conformity with the law